# Inter RAO buys Siemens Energy stake in gas turbine joint venture

Inter RAO closed the acquisition of Siemens Energy's 65% stake in the joint venture Sovremennye Tekhnologii Gazovykh Turbin (STGT) with Silovye Mashiny, and also acquired 100% of Voronezh Transformer from Siemens Energy.

- Type: Acquisition
- Announced: 2022-10-14
- Where: Saint Petersburg, Russia
- Status: completed
- Products: gas turbines, transformers
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Silovye Mashiny](https://endata.com/companies/4262.md) (partner)
- [Siemens Energy](https://endata.com/companies/6803.md) (target)
- [Inter RAO](https://endata.com/companies/19600.md) (acquirer)
- [Sovremennye Tekhnologii Gazovykh Turbin](https://endata.com/companies/65791.md) (target)
- [Voronezh Transformer](https://endata.com/companies/65792.md) (target)

## Sources

- [eprussia.ru](https://www.eprussia.ru/news/base/2022/5755598.htm), 2022-10-14: "«Интер РАО» закрыла сделку по покупке 65% доли Siemens Energy в совместном с «Силовыми машинами» предприятии «Современные технологии газовых турбин» (СТГТ), сообщили в компании."

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