PJSC Inter RAO bought more than ten construction and engineering companies

20.05.2021       

Energy holding "Inter RAO", from which one could expect large purchases in the generation, decided to acquire a number of construction and engineering companies in the energy and housing and communal services. The company does not disclose the total value of transactions, but, according to Kommersant, it could be up to 45 billion rubles. Assets, according to Kommersant's sources, are needed by Inter RAO; for the construction of generation and power grids for the Taimyr oil project of Rosneft; "Vostok Oil", as well as for the implementation of the program for the modernization of old thermal power plants.
"Inter RAO" acquired 11 construction and engineering companies providing services for the electric power industry and housing and communal services, the company said on May 19. mentions only four of them — LLC «EnergoSet» (revenue in 2020 is 9 billion rubles), OOO NPK Himstroyenergo (revenue 5 billion rubles), Energy Construction LLC; (18 billion rubles), LLC «IK Energia» (10 billion rubles), 100% of which were registered at Inter RAO — Stroyinvest". According to the SPARK-Interfax database, on May 18, Inter RAO — Stroyinvest» also acquired 100% in Stroyenergocom LLC; (revenue of 7 billion rubles), and that, in turn, on the same day I bought 100% in «TPP LAB» (revenue 53 million rubles). On May 18, a deal was also closed for the purchase of 100% in Engineering Technologies LLC. (revenue 2 billion rubles). The total revenue of all companies is 51 billion rubles, net profit — 4.35 billion rubles.
These companies act as a general contractor in the design, electrical installation, construction, repair and commissioning works, design and organize the installation of automated control and metering systems for electricity (ASKUE), and also supply equipment to large energy, power grid facilities, water supply facilities and thermal energy transmission facilities, says Inter RAO.
Most of these Inter RAO companies previously attracted as contractors for the construction of its generating facilities, the main pool of their customers — generating and electric grid companies (the lion's share of orders from Rosseti Moscow Region).
in the energy market believe that these assets are necessary for Inter RAO; to participate in the project for the construction of a generation facility for the Arctic oil megaproject of Rosneft; "Vostok Oil" worth 200-300 billion rubles.
In addition, they will be able to take part in the program for the modernization of old thermal power plants, the largest beneficiary of which is Inter RAO. further Kommersant