T Plus
T Plus (Russian: Т Плюс) is a Russian electricity generation company part of the Renova Group.[2] It was known as IES Holding until 2014.[3]
Type | Public Joint Stock Company |
---|---|
Founded | 2002 |
Headquarters | , Russia |
Revenue | $4.97 billion[1] (2016) |
-$41.3 million[1] (2016) | |
-$269 million[1] (2016) | |
Total assets | $6.77 billion[1] (2016) |
Total equity | $2.91 billion[1] (2016) |
Owner | Renova Group |
Website | Official website |
T Plus incorporates assets from the territorial generating companies TGC-5, TGC-6, TGC-7, and TGC-9.[3] It is the largest private heating and electricity generation company in the country,[4] controlling 7% of the power generation and 10% of the heating market.[5]
The director of T Plus was accused of paying over $14 million in bribes to regional officials in the Komi Republic between 2007 and 2014 in exchange for fixing tariffs for heating and electricity.[6]
The company's shares were delisted from the Moscow Exchange in September 2016.[7]
In 2022, the company's revenue amounted to 267 billion rubles.[8]
References
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- "Only big players join Russia's solar-dominated tender". Renewablesnow.com. Retrieved 4 September 2017.
- "Russia's IES Holding starts asset consolidation to raise efficiency". TASS (in Russian). Retrieved 4 September 2017.
- "T Plus Group". Power Generation Russia 2017. Retrieved 4 September 2017.
- "In Putin's Russia, corporate bribery is both mandatory and dangerous". Financial Post. 7 September 2016. Retrieved 4 September 2017.
- "Russia telecoms chief quits as T Plus graft probe widens". Financial Times. Retrieved 4 September 2017.
- "Об исключении ценных бумаг из Списка ценных бумаг, допущенных к торгам, и о прекращении торгов ценными бумагами". Московская Биржа. Retrieved 4 September 2017.
- "ПАО "Т Плюс"". www.rusprofile.ru (in Russian). Retrieved 2023-09-10.
External links
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