OGK-3
| Company type | Public |
|---|---|
| Industry | Energy |
| Predecessor | Six electricity producers (consolidated) |
| Founded | 2004 |
| Defunct | 2012 |
| Fate | Integrated into Inter RAO |
| Headquarters | Moscow , Russia |
Area served | Russia |
| Products | Electricity generation |
| Owner | Inter RAO (from 2010) |
| Parent | Inter RAO (from 2010) |
OGK-3 (also known as the Third Generation Wholesale Electricity Market Company – WGC-3) was a Russian energy firm listed on the MICEX-RTS stock market.
History
Formed in 2004, OGK-3 emerged from the consolidation of six electricity producers as part of the reorganization of RAO UES, a state-owned Russian energy conglomerate. In 2007, after issuing additional shares, Norilsk Nickel became the principal shareholder.
In 2008, OGK-3 purchased a 24.99% interest in Rusia Petroleum, the operator of the Kovykta gas field, although Rusia Petroleum filed for bankruptcy two years later, in 2010.
By December 2010, Inter RAO reached an agreement to acquire Norilsk Nickel's holdings, increasing its stake in OGK-3 to 85%. Subsequently, in 2012, OGK-3 was completely integrated into Inter RAO.
Operations
The portfolio of OGK-3 included several major power plants such as:
- Kostroma SDPP – 3,600 MW
- Pechora SDPP – 1,060 MW
- Cherepetsk SDPP – 1,425 MW
- Kharanorsk SDPP – 430 MW
- Gusinoozersk SDPP – 1,100 MW
- Yuznouralsk SDPP – 882 MW
The company’s official registration was located in Ulan Ude, Buryatia, while its main administrative offices were based in Moscow.