*** Welcome to piglix ***

OGK-3

JSC The Third Generation Company of Wholesale Electric Market - (JSC WGC-3)
Native name
OAO Оптовая генерирующая компания № 3
Romanized name
OAO Optovaya Generiruyushchaya Kompaniya 3
Public ()
Traded as MCXOGKC
Industry Electricity
Fate Merged into Inter RAO
Predecessor RAO UES
Successor Inter RAO
Founded 2004
Defunct 2012
Headquarters Ulan Ude, Moscow, Russia
Key people
Maxim Kuznetsov (CEO)
Products Electrical power and heat
Revenue Increase US$1.2 billion (2010)
Number of employees
6,000
Parent Inter RAO
Website www.ogk3.ru

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 .

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.

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%. In 2012, OGK was merged into Inter RAO.

OGK-3 owned following power stations:

The company's registered office is in Ulan Ude in Buryatia, the headquarters are located in Moscow.


...
Wikipedia

...