Private company | |
Founded | 2002 | (Moscow)
Headquarters |
Moscow, Russia (Head office) Saint Helier, Jersey (Registered office) |
Revenue | US$11.9 billion (2014) |
US$2.2 billion (2014) | |
Owner | Oleg Deripaska |
Number of employees
|
Approximately 100,000 (2014) |
Website | eng |
En+ Group is a Russian energy-related company controlled by Oleg Deripaska. En+ Group owns a controlling interest in United Company RUSAL, owns the largest independent Russian power producer EuroSibEnergo, and is a supplier of ferromolybdenum as well as significant coal assets and logistics business. It reported revenues of $15.3 billion in 2011.
The formation of En+ Group was announced on 21 February 2006. It is registered in Jersey. In 2011 VTB Capital paid $500 million for a 4.35% stake in the company, valuing the company at around $11.5 billion. An IPO is planned on the in 2013–2014.
En+ Group is Russia-based diversified mining, metals and energy group. En+ Group holds:
The En+ Group coal division mined 16.8 million tons in 2011, with 90% used to generate power at its own power plants. The main asset is Vostsibugol in Irkutsk Oblast, along with other sites in eastern Siberia.