Inter RAO UES to Leave Enel OGK 5

Inter RAO UES admitted to plans of leaving Enel OGK-5 before the end of 2011, RBC reports.

According to the company’s Chairman of the Supervisory Board Boris Kovalchuk, the negotiations to this extent are now under way and are going smoothly so far.

We have our authority because of our controlling shareholding, and Enel OGK-5 understands that the affairs cannot be left in their present state,’ Mr. Kovalchuk said.

Now Enel OGK-5 runs Sredneuralskaya and Reftinskaya power stations in Sverdlovsk Region.

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