# Inter RAO in talks to acquire ElSib

Inter RAO is negotiating to acquire Novosibirsk-based heavy electrical machinery plant ElSib. The deal could close in July, with the asset valued at 10-13 billion rubles.

- Type: Acquisition
- Announced: 2024-06-11
- Where: Novosibirsk, Russia
- Value: $128.0M (11.5B RUB)
- Status: rumored
- Products: turbogenerators, hydrogenerators, high-voltage motors
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Inter RAO](https://endata.com/companies/19600.md) (acquirer)
- [ELSIB](https://endata.com/companies/34349.md) (target)

## Sources

- [kommersant.ru](https://www.kommersant.ru/doc/6761585), 2024-06-11: "Холдинг «Интер РАО» может приобрести новосибирский завод «Элсиб»."

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