InterRAO to invest $580M in GE gas turbine JV

Russian state energy holding InterRAO plans to invest up to 45 billion roubles ($580 million) in its gas turbines joint venture with General Electric. The JV will produce gas turbines with 79-87 MW and 181-210 MW capacity, with at least 90% local content, by 2025-2026.

“InterRAO plans to invest between 40 billion and 45 billion roubles to launch production of the gas turbines as part of the joint venture with U.S. group GE.”financialpost.com

• 2 sources
• financialpost.comRussian energy group InterRAO to invest $580 mln in GE gas turbine JV | Financial PostReutersSep 30, 2020
• world-energy.orgRussia’s InterRAO to Invest $580m in Gas Turbine Venture with GE - World-EnergyOct 1, 2020

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