T Plus is a Russian electricity generation company part of the Renova Group.[1] It was known as IES Holding until 2014.
T Plus incorporates assets from the territorial generating companies TGC-5, TGC-6, TGC-7, and TGC-9.[2] It is the largest private heating and electricity generation company in the country,[3] controlling 7% of the power generation and 10% of the heating market.[4]
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.[5]
The company's shares were delisted from the Moscow Exchange