# Inter RAO to buy 25% stake in Russian Gas Turbines JV from ODK

Inter RAO plans to acquire an additional 25% stake in Russian Gas Turbines (RGT), a joint venture with GE, from United Engine Corporation (ODK, part of Rostec), increasing its share to 50%. The deal is in early discussion stages.

- Type: Acquisition
- Announced: 2018-10-19
- Where: Rybinsk, Russia
- Status: rumored
- Products: gas turbines
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [GE](https://endata.com/companies/1022.md) (partner)
- [Rostec](https://endata.com/companies/8731.md) (partner)
- [United Engine Corporation](https://endata.com/companies/13915.md) (target)
- [Inter RAO](https://endata.com/companies/19600.md) (acquirer)

## Sources

- [vedomosti.ru](https://www.vedomosti.ru/business/news/2018/10/19/784101-inter-rao-dolyu-ge), 2018-10-19: "В «Ростехе» подтвердили, что сделка обсуждается, «но в начальной стадии, решений нет»."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.