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.
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:
The company's registered office is in Ulan Ude in Buryatia, the headquarters are located in Moscow.
- 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.
External links
- OGK-3 English language web-site
References
- OGK-3 did not challenge the court decision on bankruptcy Rusia Petroleum Rusmergers.com, 2010-06-19, retrieved 2011-01-01^
- Anna Shiryaevskaya, Ilya Khrennikov. Inter RAO May Sell $2 Billion of Shares After Consolidation 2010-12-29, retrieved 2011-01-01^