Milestones
The Inter RAO Group commissioned the Zatonskaya Combined Heat and Power Plant (Zatonskaya CHPP)
The power plant consists of two power units with total electric power capacity of 440 MW.
The Inter RAO Group’s credit rating was assigned to the investment category
As part of an extraordinary revision by Moody’s Investors Service, the Group’s international credit rating was upgraded from Ba1 (Stable outlook) to Baa3 (Stable outlook).
New facilities were commissioned in the Kaliningrad Region
LLC Kaliningrad Generation, a joint venture between JSC ROSNEFTEGAZ and PJSC Inter RAO, completed construction on and commissioned the Mayakovskaya and Talakhovskaya Thermal Power Plants in the Kaliningrad Region with total capacity of 316 MW. In addition, two
Fitch Ratings affirmed the Inter RAO Group’s international credit rating by revising the outlook from Stable to Positive
The Inter RAO Group’s rating “reflects the Group’s strong position on the energy market and is a result of its top financial performance among electric power companies rated by the agency in Russia and the CIS.”
The Company reached a deal to sell 1.14% of its shares through an accelerated bookbuild (ABB) as part of a management option program
The transaction increased the volume of shares in free-float and boosted their market liquidity.
The Inter RAO Group bought treasury shares back from PJSC Federal Grid Company of Unified Energy System (PJSC FGC UES) and RusHydro
The Company signed deals to acquire RUB 41.7 billion worth of treasury shares from RusHydro and FGC UES.
PJSC Inter RAO and the Government of the Ivanovo Region concluded a cooperation agreement
The agreement provides the ability to establish an information settlement center in the Ivanovo Region jointly with PJSC Inter RAO in order to issue a single payment document and will also help attract skilled professionals to companies in the region.
A subsidiary of the Inter RAO Group secured the status of a guaranteed supplier in the Vladimir Region
The company Energosbyt Volga, which is part of the Inter RAO Group, has been granted the status of a guaranteed supplier of electric power to consumers in the Vladimir Region. The Group’s share of the Russian retail market stood at 17.7% as of the end of the year.