(meaning: The Third Generation Company of the Wholesale Electricity Market – WGC-3
; , ) is a Russian
power company. The stock is traded on the RTS
and MICEX stock exchanges
OGK-3 was formed in 2004 by merger of six electricity
generation companies as a part of restructuring of RAO UES
, Russian state-controlled energy holding company. In 2007, after emission of its new shares, Norilsk Nickel
became the largest shareholder in the company.
In 2008, OGK-3 acquired 24.99% in Rusia Petroleum<!-- this is not misspelling, Russia in this company name is spelled with a single 's' -->, an operator of the Kovykta gas field
. However, in 2010 Rusia Petroleum went bankruptcy.
In December 2010, it was announced that Inter RAO
will acquire Norilsk Nickel's stake in OGK-3 increasing its stake in the company up to 85%.
OGK-3 owns following power stations:
- 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 registered office is in Ulan Ude
, the headquarters are located in Moscow