OGK-3
OGK-3 (meaning: The Third Generation Company of the Wholesale Electricity Market – WGC-3) was a Russian power company. The stock was traded on the MICEX-RTS stock exchange.
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Native name | OAO Оптовая генерирующая компания № 3 |
|---|---|
Romanized name | OAO Optovaya Generiruyushchaya Kompaniya 3 |
| Type | Public (OAO) |
| Industry | Electricity |
| Predecessor | RAO UES |
| Founded | 2004 |
| Defunct | 2012 |
| Fate | Merged into Inter RAO |
| Successor | Inter RAO |
| Headquarters | , |
Key people | Maxim Kuznetsov (CEO) |
| Products | Electrical power and heat |
| Revenue |  US$1.2 billion (2010) |
Number of employees | 6,000 |
| Parent | Inter RAO |
| Website | www |
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] In 2012, OGK was merged into Inter RAO.
Operations
OGK-3 owned 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
- "OGK-3 did not challenge the court decision on bankruptcy Rusia Petroleum". Rusmergers.com. 2010-06-19. Archived from the original on 2011-07-15. Retrieved 2011-01-01.
- Shiryaevskaya, Anna; Khrennikov, Ilya (2010-12-29). "Inter RAO May Sell $2 Billion of Shares After Consolidation". Bloomberg. Retrieved 2011-01-01.