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Inter RAO acquires 98.4% stake in power equipment maker NPO Elsib · Endata

◂ Announcements

Aug 16, 2024ACQUISITIONRussia

Inter RAO acquires 98.4% stake in power equipment maker NPO Elsib

Inter RAO completed the acquisition of 98.4% of shares in NPO Elsib, a Russian manufacturer of hydro generators, turbogenerators, and electric motors, previously owned by SUEK. The deal aims to create an integrated power engineering business.

Status

Completed

Productshydro generatorsturbogeneratorselectric motors

CompaniesInter RAO acquirer NPO ELSIB target

Sectors#Power Generation Equipment

“ПАО "Интер РАО" завершило сделку по покупке 98,4% акций НПО "Элсиб".”interfax.ru

1 source
interfax.ru"Интер РАО" приобрела 98,4% акций энергомашпредприятия НПО "Элсиб"Aug 16, 2024

Summarized from public sources; check the original articles before acting on it.

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Oct 14, 2022ACQUISITIONSaint Petersburg, Russia
Inter RAO buys Siemens Energy stake in gas turbine joint venture
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Aug 26, 2022ACQUISITIONRussia
Siemens Energy faces hurdles selling turbine business in Russia
Siemens Energy Power Machines partner sputnikglobe.com

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