T Plus
 | |
| Company type | Public Joint Stock Company |
|---|---|
| Founded | 2002 |
| Headquarters | , Russia |
| Revenue | $4.97 billion[1] (2016) |
| −$41.3 million[1] (2016) | |
| −$269 million[1] (2016) | |
| Total assets | $6.77 billion[1] (2016) |
| Total equity | $2.91 billion[1] (2016) |
| Owner | Renova Group |
| Website | Official website  |
T Plus (Russian: Т Плюс) is a Russian electricity generation company part of the Renova Group.[2] It was known as IES Holding until 2014.[3]
T Plus incorporates assets from the territorial generating companies TGC-5, TGC-6, TGC-7, and TGC-9.[3] It is the largest private heating and electricity generation company in the country,[4] controlling 7% of the power generation and 10% of the heating market.[5]
The director of T Plus was accused of paying over $14 million in bribes to regional officials in the Komi Republic between 2007 and 2014 in exchange for fixing tariffs for heating and electricity.[6]
The company's shares were delisted from the Moscow Exchange in September 2016.[7]
References
- ^ a b c d e http://www.tplusgroup.ru/fileadmin/f/voltgc/ir/financial/msfo/2012/T_Pljus_MSFO_2016.pdf.
{{cite web}}: Missing or empty|title=(help) - ^ "Only big players join Russia's solar-dominated tender". Renewablesnow.com. Retrieved 4 September 2017.
- ^ a b "Russia's IES Holding starts asset consolidation to raise efficiency". TASS (in Russian). Retrieved 4 September 2017.
- ^ "T Plus Group". Power Generation Russia 2017. Retrieved 4 September 2017.
- ^ "In Putin's Russia, corporate bribery is both mandatory and dangerous". Financial Post. 7 September 2016. Retrieved 4 September 2017.
- ^ "Russia telecoms chief quits as T Plus graft probe widens". Financial Times. Retrieved 4 September 2017.
- ^ "Об исключении ценных бумаг из Списка ценных бумаг, допущенных к торгам, и о прекращении торгов ценными бумагами". Московская Биржа. Retrieved 4 September 2017.
External links
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