Enel Russia

Enel Russia (Full name: Public Joint Stock Company Enel Russia; former names: OGK-5 and Enel OGK-5) is a Russian power generation company created by the reorganization of RAO UES, a former united power company of Russia. The company is registered in Yekaterinburg and its headquarters are in Moscow. The Italian Enel Group owns a majority stake of the company (56%). The company was founded as OGK-5 on 27 October 2004. In October 2006, the company ran an initial public offering, offering 5.1 billion shares with a total value of US$459 million. In June 2007, Enel bought 29.99% of the shares in the company, previously owned by RAO UES. In October 2007, Enel increased its stake to 37.15% and later to 56.43%. On 7 July 2009, the company was renamed Enel OGK-5 and was registered as Enel Russia on 8 August 2014. On 25 June 2015, its name changed from Open Joint Stock Company Enel Russia to Public Joint Stock Company Enel Russia. The new abbreviated company name was PJSC Enel Russia. In 2019, Enel sold the 3,800 MW Reftinskaya GRES coal-fired plant, its largest coal-fired plant, to the Kuzbassenergo company. The transfer was completed on 1 July 2020. In 2020, Enel signed a deal to expand renewable energy development in the Republic of Tatarstan in collaboration with the Ministry of Industry and Trade. The gross installed electrical capacity of Enel Russia is 5,739.9 MW for power generation and 2,032 Gcal/h for heat generation. Enel Russia operates Konakovskaya GRES, Nevinnomysskaya GRES, and Sredneuralskaya GRES in addition to its wind farm projects. Sredneuralskaya GRES (SUGRES) is a thermal power plant powered by natural gas with a total installed electric capacity of 1,578.5 MW. The plant's 1st stage includes five medium pressure boilers ( abs) and three turbo-units with a capacity of 16 MW, 46 MW, and 16 MW. In 2017, SUGRES decommissioned turbo-units Nos.1, 2, and 5 (with a total capacity of 78 MW). The 2nd stage includes three high pressure boilers ( abs) and three turbo-units with respective capacities of 100, 100 and 38 MW.