OGC-3

From Wikipedia, the free encyclopedia
  (Redirected from WGC-3)
Jump to: navigation, search
JSC The Third Generation Company of Wholesale Electric Market - (JSC WGC-3)
Native name
OAO Оптовая генерирующая компания № 3
OAO Optovaya Generiruyushchaya Kompaniya 3
Public (OAO)
Traded as MCXOGKC
Industry Electricity
Predecessor RAO UES
Founded 2004
Headquarters Ulan Ude, Moscow, Russia
Key people
Maxim Kuznetsov (CEO)
Products Electrical power and heat
Revenue Increase US$1.2 billion (2010)
Number of employees
6,000
Parent Inter RAO
Slogan "The power of growth"
Website www.ogk3.ru

OGK-3 (meaning: The Third Generation Company of the Wholesale Electricity Market – WGC-3) is a Russian power company. The stock is traded on the MICEX-RTS stock exchange.

History[edit]

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]

Operations[edit]

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.

References[edit]

  1. ^ "OGK-3 did not challenge the court decision on bankruptcy Rusia Petroleum". Rusmergers.com. 2010-06-19. Retrieved 2011-01-01. 
  2. ^ Shiryaevskaya, Anna; Khrennikov, Ilya (2010-12-29). "Inter RAO May Sell $2 Billion of Shares After Consolidation". Bloomberg. Retrieved 2011-01-01. 

External links[edit]