April 16, 2014 12:17
E.ON Russia, DEGA sign deal for 67% of Noginsk Heat Center
MOSCOW. April 16 (Interfax) - LLC E.ON Connecting Energies, which is controlled by OJSC E.ON Russia (MOEX: OGKD), signed a deal on April 15 with Swiss DEGA Group for E.ON Connecting Energies to acquire 67% of LLC Noginsk Heat Center for 24 million euro, E.ON said.
E.ON Connecting Energies was created to carry out distributed generation projects in Russia. This purchase was the company's first, E.ON Connecting Energies's press service has told Interfax.
E.ON has said in its International Financial Reporting Standards (IFRS) report that the deal totaled 1.2 billion rubles. The price of the acquisition could be increased by no more than 272 million rubles before December 31, 2018 if contracted capacity of the current level is exceeded.
Noginsk Heat Center owns and manages two gas turbine cogeneration plants with total capacity of 30 MW in the Noginsk technological park. Clients in clued 26 prominent Russian and foreign companies, including Bayer, Leroy Merlin, Megafon, Metro, Oriflame and others.
(Our editorial staff can be reached at email@example.com)
May 22, 2015
Medvedev: If Ukraine refuses to repay debts, Russia to assume tough position (Part 2)
Eurasian Development Bank CEO: no near-term plans to have single currency in EEU
Ukraine conflict stems from debates on choice between West, East - Belarusian foreign minister
Ukraine's partial withdrawal from rights pacts 'senseless and merciless' - Russian ombudsman
Medvedev: If Ukraine refuses to repay debts, Russia to assume tough position
Kyiv proposes moves to demilitarize Shyrokyne - source
MEDVEDEV: IF UKRAINE REFUSES TO REPAY DEBTS, RUSSIA WILL ASSUME TOUGHEST POSSIBLE POSITION IN DEFENDING ITS INTERESTS
Fortifications in east 'practically 90%' ready - Ukraine minister
Three meetings of Trilateral Contact Group, subgroups planned for June - self-proclaimed Luhansk republic envoy (Part 2)
Consensus not reached on some political issues in Minsk - self-proclaimed Donetsk republic envoy
Russian Foreign Ministry: Eastern Partnership summit misses chance to narrow Europe split
Russian prisoners issue not raised at Ukraine Contact Group meetings - negotiator