InterRAO

Russian energy holding InterRAO plans to invest US$580 million in a gas turbine joint venture with GE. InterRAO will hold a 51% stake. The JV aims to manufacture gas turbines with 79-87 MW and 181-210 MW capacity by 2025-2026, with at least 90% local content.

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.