WGC-3
| Type | public |
|---|---|
| Traded as | RTS:OGKC MICEX:OGKC |
| Industry | Power generation |
| Predecessor(s) | RAO UES |
| Founded | 2004 |
| Headquarters | Ulan Ude, Moscow, Russia |
| Key people | Maxim Kuznetsov (CEO) |
| Products | power and heat |
| Revenue | |
| Employees | 6,000 |
| Parent | Inter RAO |
| Website | www.ogk3.ru |
OGK-3 (meaning: The Third Generation Company of the Wholesale Electricity Market – WGC-3; RTS:OGKC, MICEX:OGKC) is a Russian power company. The stock is traded on the RTS and MICEX stock exchanges.
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[edit] History
OGK-3 was formed in 2004 by merger of six electricity generation companies as a part of restructuring of RAO UES, Russian state-controlled energy holding company. In 2007, after emission of its new shares, Norilsk Nickel became the largest shareholder in the company.
In 2008, OGK-3 acquired 24.99% in Rusia Petroleum, an operator of the Kovykta gas field. However, in 2010 Rusia Petroleum went bankruptcy.[1]
In December 2010, it was announced that Inter RAO will acquire Norilsk Nickel's stake in OGK-3 increasing its stake in the company up to 85%.[2]
[edit] Operations
OGK-3 owns following power stations:
- Kostroma SDPP – 3,600 MW
- Pechora SDPP – 1,060 MW
- Cherepetsk SDPP – 1,425 MW
- Kharanorsk SDPP - 430 MW
- Gusinoozersk SDPP – 1,100 MW
- Yuznouralsk SDPP - 882 MW.
The company's registered office is in Ulan Ude in Buryatia, the headquarters are located in Moscow.
[edit] References
- ^ "OGK-3 did not challenge the court decision on bankruptcy Rusia Petroleum". Rusmergers.com. 2010-06-19. http://rusmergers.com/en/mna/4831-.html. Retrieved 2011-01-01.
- ^ Shiryaevskaya, Anna; Khrennikov, Ilya (2010-12-29). "Inter RAO May Sell $2 Billion of Shares After Consolidation". Bloomberg. http://www.bloomberg.com/news/2010-12-29/norilsk-to-sell-ogk-3-to-inter-rao-rejects-deripaska-s-offer.html. Retrieved 2011-01-01.
[edit] External links
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