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2020: Completion of the transaction on the transfer of Reftinskaya GRES to the structure of SGK
Energy company Enel Russia has completed the transfer of Reftinskaya GRES to the structure of the Siberian Generating Company (SGK) - Kuzbasenergo, Enel Russia said in a statement.
As explained in the company, Reftinskaya GRES, whose property was sold to Kuzbassenergo under the sale and purchase agreement of June 20, 2019, has been in operation by Enel Russia for the last nine months (transition period) in accordance with the lease agreement, which entered into force on October 1, 2019.
From July 1, Reftinskaya GRES will be operated by Kuzbassenergo. The completion of the lease agreement in relation to Reftinskaya GRES marks the end of the third and last stage of the sale of the power plant property, the company said.
Enel Russia expects to receive from Kuzbassenergo a third payment under the transaction in the amount of 4 billion rubles. The total amount of the transaction amounted to 20.7 billion rubles. excluding VAT. In addition, there will be a payment for certain categories of Reftinskaya GRES reserves, including reserves of fuel oil, chemicals and spare parts, which corresponds to the terms of the sale and purchase agreement.[1]
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