JSC ‘The Fifth Power Generation Company’ (OGK-5) is a leading Russian wholesale producer of power and heat. The company was established in 2004 within the framework of the reforms in the Russian power industry aimed at creation of an effective competitive market and attraction of private investment into the sector. OGK-5 was the first of the six wholesale power generation companies to be registered and access equity capital markets.
Today, OGK-5 is a dynamically developing company which is headquartered in Moscow and has four production branches around Russia: in the Ural region - Reftinskaya GRES, Sredneuralskaya GRES, in the northern Caucasus - Nevinnomysskaya GRES, and in Central Russia - Konakovskaya GRES. The aggregate installed capacity of the company is 8,672 MW for power and 2,412 GCal/h for heat. The company provides power and heat to both industrial enterprises and household consumers via local power distribution networks.
The share capital of JSC OGK-5 is 35,371,898,370 roubles and is divided into ordinary shares with the par value of 1 rouble. The stake of the Federal Agency for Federal Property Management in the share capital of the company is 26.43%, the stake of Enel Investment Holding B.V. – 55.78%, the stake of minority shareholders (including EBRD) – 17.79%. OGK-5’s shares are listed in Quotation List A1 of MICEX and Quotation List A1 of RTS.