# 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.

- Type: Acquisition
- Announced: 2024-08-16
- Where: Russia
- Status: completed
- Products: hydro generators, turbogenerators, electric motors
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Inter RAO](https://endata.com/companies/19600.md) (acquirer)
- [NPO ELSIB](https://endata.com/companies/39324.md) (target)

## Sources

- [interfax.ru](https://www.interfax.ru/world/976854), 2024-08-16: "ПАО "Интер РАО" завершило сделку по покупке 98,4% акций НПО "Элсиб"."

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