Inter RAO Group is finalizing negotiations on the purchase of Ural Turbine Plant, the largest manufacturer of steam turbines in Russia. This asset until the beginning of the year belonged to Renova, which has been under US sanctions since April 2018. And then it was sold to the little-known company Moselectroshchit, the amount of the deal then, according to Kommersant, amounted to ₽10 billion. Deal with Inter RAO is now at the stage of structuring. It is not yet known how much the plant is valued at.
Inter RAO Group is finalizing negotiations on the purchase of Ural Turbine Plant, the largest manufacturer of steam turbines in Russia. This asset until the beginning of the year belonged to Renova, which has been under US sanctions since April 2018. And then it was sold to the little-known company Moselectroshchit, the amount of the deal then, according to Kommersant, amounted to ₽10 billion. Deal with Inter RAO is now at the stage of structuring. It is not yet known how much the plant is valued at. 
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