Monday, 29 August 2017 Inter RAO Group Consolidated Financial and Operating Results for 1H2017.
To join the conference call and get more details, please send a request to investor-relations@interrao.ru
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Company history

Inter RAO was established in 1997 as a subsidiary of RAO United Energy Systems of Russia responsible for export and import of electricity.

december 2016

In December 2016 Inter RAO Group purchased 100% stake in LLC Power Supply Company of Bashkortostan from JSC Energy Supply Company of RusHydro. Following this acquisition, the suppliers of last resort of Inter RAO Group now serve 12 different regions.

may 2016

In May 2016 PJSC Inter RAO and its wholly owned subsidiary Inter RAO Capital signed agreements for sale of 40.29% of PJSC Irkutskenergo shares owned by them. The buyer is Telmamskaya HEP, a subsidiary of JSC EuroSibEnergo.

september 2015
In September 2015 Tashir Group and Inter RAO have signed an agreement of sale and purchase of electric energy assets in Armenia.
june 2015
In June 2015 Inter RAO launched a new 225 MW coal-fired power generation unit at Cherepetskaya thermal power plant (TPP) in Tula region, Central Russia. This launch provides an opportunity to retire legacy coal-fired equipment without reducing electricity generation or the overall power generation capacity of the power station.
april 2015
In April 2015  Inter RAO Group completed the divestiture of JSC Tomsk Generation from JSC TGK-11.  Following the reorganization of heat business in Omsk and Tomsk oblasts, the Group established several new subsidiaries.
december 2014
In December 2014 Inter RAO launches the eighth 225 MW power generation unit at Cherepetskaya TPP. As a result, the total installed capacity of Inter RAO's power plants exceeds 35 GW.
october 2014
In October 2014 Inter RAO, GE and Rostec launch a new gas turbine factory in Russia. The new facility has the capacity to produce up to 20 gas turbines per year to meet Russia’s demand for high-performance power units for combined heat and power applications.
march 2014
In March 2014 the Board of Inter RAO approves the updated 2020 Development Strategy. The document is focused on one major goal–transforming Inter RAO into a global enterprise, a key player in the global energy market, and a leader in the Russian energy industry by maximizing the efficiency of asset management, deploying innovations and boosting energy efficiency.
february 2014
In February 2014 Inter RAO completes the construction of yet another power plant with the commissioning of the first 400 MW power generation unit at Yuzhnouralskaya TPP - 2.
july 2013
In July 2013 Inter RAO put 90MW Power generation unit of Omskaya CHPP-3 into operation. The electric capacity gain amounted to 81,9 MW and heating capacity gain amounted to 17,24 Gcal/h.
december 2012
In December 2012 INTER RAO UES Group becomes the outright owner of TGK-11 and St. Petersburg Power Supply Company after increasing its share in both companies to 100%.
october 2012
In October 2012 INTER RAO UES Group completes a reorganization of its Russian power generation assets by transferring the generation facilities previously consolidated into JSC OGK-1 and JSC OGK-3 to JSC INTER RAO — Electric Power Plants, a wholly owned subsidiary of JSC INTER RAO UES. The minority shareholders of JSC OGK-1 and JSC OGK-3 convert their stock into additionally issued ordinary shares of JSC INTER RAO UES.
2011
As part of a strategic consolidation of assets, INTER RAO acquires controlling stakes in OGK-1, OGK-3 and TGK-11. INTER RAO also acquires control in five power supply companies as well as their management company, the United Power Supply Company.
2010
INTER RAO approves its mid-term development strategy, focused on becoming one of the world's Top 10 energy companies by 2020.
2009
OGK-1 is placed under INTER RAO management.
2008
As the result of an essential reorganization, INTER RAO is transformed into an open joint stock company. Its subsidiaries include several power stations: Sochi CHPP, Severo-Zapadnaya TPP, Ivanovo CCPP and Kaliningrad CHPP-2.
2007
RAO UES of Russia takes a decision to consolidate a number of generating assets, including Severo-Zapadnaya CHPP, Ivanovo CCPP, Kaliningrad CHPP-2, and Sochi CHPP, into a single entity managed by INTER RAO.
2006
INTER RAO Group acquires a 100% stake in Power Grids of Armenia.
december 2016

In December 2016 Inter RAO Group purchased 100% stake in LLC Power Supply Company of Bashkortostan from JSC Energy Supply Company of RusHydro. Following this acquisition, the suppliers of last resort of Inter RAO Group now serve 12 different regions.

june 2016

In June 2016 Inter RAO Group has finalized the sale of its subsidiary holding 100% ownership stake in Georgian Mtkvari Energy to a consortium of international investors.

may 2016

In May 2016 PJSC Inter RAO and its wholly owned subsidiary Inter RAO Capital signed agreements for sale of 40.29% of PJSC Irkutskenergo shares owned by them. The buyer is Telmamskaya HEP, a subsidiary of JSC EuroSibEnergo.

april 2016

In April 2016 International credit rating agency Moody’s Investors Service has reconfirmed corporate credit rating Ba2 for Inter RAO Group on the global rating scale, the outlook is stable.

february 2016

In February 2016 Сonstruction of power unit No. 12 of Verkhnetagilskaya TPP, a part of Inter RAO Group, is included in the list of generating facilities which are implemented within the capacity delivery agreements system (CDA).

september 2015
In September 2015 Tashir Group and Inter RAO have signed an agreement of sale and purchase of electric energy assets in Armenia.
july 2015
In July 2015 Inter RAO Group has launched the investment project to complete the construction of the 440 MW Zatonskaya thermal power plant in Ufa (Bashkiria), a facility of Bashkir Generation Company LLC.
june 2015
In June 2015 Inter RAO launched a new 225 MW coal-fired power generation unit at Cherepetskaya thermal power plant (TPP) in Tula region, Central Russia. This launch provides an opportunity to retire legacy coal-fired equipment without reducing electricity generation or the overall power generation capacity of the power station.
april 2015
In April 2015 Inter RAO Group, represented by its Inter RAO — Export subsidiary, signed a protocol defining the roadmap and partner responsibilities for the 637 MW Chihuido-1 hydro power plant construction project in the Argentine province of Neuquén.
april 2015
In April 2015  Inter RAO Group completed the divestiture of JSC Tomsk Generation from JSC TGK-11.  Following the reorganization of heat business in Omsk and Tomsk oblasts, the Group established several new subsidiaries.
january 2015
In January 2015 JSC TGC-11 has finished modernization of turbine unit №1 at Omskaya TPP-5. As the result power capacity of energy system of the Omsk region increased by 20 MW.
january 2015

In January 2015 PJSC Inter RAO shares (state registration number 1-04-33498-E from 23.12.2014) with a par value of RUB 2.809767 will begin trading on the Moscow Exchange.

2014
Inter RAO wins a tender acquire Guaranteeing Supplier status in Orel and Omsk regions.
2014
In 2014, Inter RAO put the third 413 MW Power generation unit of Nizhnevartovskaya TPP into operation. The new power generation unit has unique steam and gas equipment that complies with the highest modern standards of environmental safety and energy-efficiency.
2014
In 2014, Inter RAO completed the modernization of Omskaya CHPP-5 and Omskaya CHPP-3. The electric capacity gain amounted to 30 MW.
december 2014
In December 2014 Inter RAO launches the eighth 225 MW power generation unit at Cherepetskaya TPP. As a result, the total installed capacity of Inter RAO's power plants exceeds 35 GW.
november 2014
In November 2014 Inter RAO completes the large-scale construction of Yuzhnouralskaya TPP-2, taking the combined installed capacity of the plant's 2 combined-cycle power generation units to 824.6 MW.
october 2014
In October 2014 Inter RAO, GE and Rostec launch a new gas turbine factory in Russia. The new facility has the capacity to produce up to 20 gas turbines per year to meet Russia’s demand for high-performance power units for combined heat and power applications.
march 2014
Fitch Ratings confirms Inter RAO Group’s BB+ international credit rating with a stable outlook, and also its AA(rus) rating on the national scale.
march 2014
In March 2014 the Board of Inter RAO approves the updated 2020 Development Strategy. The document is focused on one major goal–transforming Inter RAO into a global enterprise, a key player in the global energy market, and a leader in the Russian energy industry by maximizing the efficiency of asset management, deploying innovations and boosting energy efficiency.
february 2014
In February 2014 Inter RAO completes the construction of yet another power plant with the commissioning of the first 400 MW power generation unit at Yuzhnouralskaya TPP - 2.
2013
Moody’s Investors Service confirms Inter RAO Group’s Ba1 credit rating with a stable outlook, and also its Aa1.ru rating on the national scale. Fitch Ratings confirms Inter RAO Group’s BB+ credit rating with a stable outlook and its Aa(rus) rating on the national scale.
2013
Inter RAO Group completes the construction of new generation facilities with a total output of 480 MW: the all-new Dzhubginsky power plant and new power generation units at Gusinoozyorskaya TPP and Omsk TPP-3.
september 2013
In September 2013 CJSC Inter RAO – Capital (a 100% subsidiary of JSC Inter RAO) acquires a majority share in Tomsk Power Supply Company.
july 2013
In July 2013 Inter RAO put 90MW Power generation unit of Omskaya CHPP-3 into operation. The electric capacity gain amounted to 81,9 MW and heating capacity gain amounted to 17,24 Gcal/h.
december 2012
In December 2012 INTER RAO UES Group becomes the outright owner of TGK-11 and St. Petersburg Power Supply Company after increasing its share in both companies to 100%.
december 2012
In December 2012 INTER RAO UES Group acquires a 90% share of the Trakya Elektrik gas-fired power plant in Turkey (approx. 100 km from Istanbul) from international energy company AEI.
november 2012
In November 2012 INTER RAO UES Group and JSFC Sistema complete at the reorganization of JSC Bashkirenergo, splitting it disproportionally into the following two entities: JSC Bashkir Grid Company (the operator of JSC Bashkirenergo's grid assets) and JSC Bashenergoaktiv (the operator of JCS Bashkirenergo's power generation and other non-grid assets). The latter merges with JSC INTER RAO UES simultaneously with the split. INTER RAO UES Group acquires 100% interest in the power generation assets of Bashkirenergo Group through this transaction.
october 2012
In October 2012 INTER RAO UES Group completes a reorganization of its Russian power generation assets by transferring the generation facilities previously consolidated into JSC OGK-1 and JSC OGK-3 to JSC INTER RAO — Electric Power Plants, a wholly owned subsidiary of JSC INTER RAO UES. The minority shareholders of JSC OGK-1 and JSC OGK-3 convert their stock into additionally issued ordinary shares of JSC INTER RAO UES.
march 2012
Fitch assignes Inter RAO long-term foreign and local currency Issuer Default Ratings (IDR) of BB+ in March 2012.
2011
As part of a strategic consolidation of assets, INTER RAO acquires controlling stakes in OGK-1, OGK-3 and TGK-11. INTER RAO also acquires control in five power supply companies as well as their management company, the United Power Supply Company.
2011
A large-scale additional share placement changes the company's capital structure. INTER RAO's equity capital increases to 272.997 billion RUB.
november 2011
INTER RAO GDRs are accepted for trading on the London Stock Exchange's International Order Book (IOB) from November 2011.
april 2011
In April 2011 the combined installed capacity of INTER RAO's power plants reaches approximately 28 GW, making the company a leader on the international power generation market.
2010
INTER RAO approves its mid-term development strategy, focused on becoming one of the world's Top 10 energy companies by 2020.
2010
As part of its diversification strategy, INTER RAO actively develops related businesses, with a primary focus on engineering and energy industry machinery. INTER RAO acquires Quartz Group, a leading Russian engineering and service provider, and creates a number of joint ventures with leading international machine building alliances including General Electric and WorleyParsons.
2010
INTER RAO shareholders approve a large-scale private placement of additional shares for the purposes of acquiring state controlled shareholdings in energy companies.
2009
OGK-1 is placed under INTER RAO management.
2009
INTER RAO becomes one of the five most transparent Russian power companies according to Standard and Poor’s information transparency list. The company's shares are included in the MSCI EM Index.
2008
As the result of an essential reorganization, INTER RAO is transformed into an open joint stock company. Its subsidiaries include several power stations: Sochi CHPP, Severo-Zapadnaya TPP, Ivanovo CCPP and Kaliningrad CHPP-2.
2007
RAO UES of Russia takes a decision to consolidate a number of generating assets, including Severo-Zapadnaya CHPP, Ivanovo CCPP, Kaliningrad CHPP-2, and Sochi CHPP, into a single entity managed by INTER RAO.
2006
INTER RAO Group acquires a 100% stake in Power Grids of Armenia.
2005
INTER RAO UES consolidates a number of Russian and foreign energy assets. The company acquires stakes in Ekibastuz TPP-2 (Kazakhstan), Moldova TPP (Transdniestria), Severo-Zapadnaya CHPP, TGR Enerji (Turkey). A joint Russian-Tajik venture Sangutda-1 HPP is established with the participation of INTER RAO.
2004
RAO Nordic Oy, a subsidiary of INTER RAO, becomes one of the largest businesses in Finland.
2003
Rosenergoatom acquires a 40% stake in INTER RAO. The acquisition gives the company strong momentum in cross-border energy supplies as INTER RAO de-facto becomes an integrated import and export operator for the two largest Russian generating companies.
2003
INTER RAO UES begins acquiring of foreign energy assets.
2002
INTER RAO exports its first Russian-produced electricity.
2002
The company rents a generating unit at Irikla Power Plant to produce its own energy.
2001
The company starts international trading of foreign-produced energy. The first large project involves delivery of energy generated by the Ignalina Nuclear Power Plant in Lithuania to Belarus and the Kaliningrad region.
2001
The company establishes its first subsidiaries to work on international energy markets.
1997
INTER RAO UES is established as a fully owned subsidiary of RAO UES of Russia.