TGC-4 , a group ONEXIM and Dalkia International SA signed an agreement of intent to establish a joint venture in Russia market of thermal energy, said in a press release ONEKSIMa.
Under the agreement, joint venture between Dalkia (50% plus one share) and TGK-4 (50% minus one share) will managing and developing assets in production, transportation and distribution of thermal energy in Russia.
In the first phase of the project (2010-2013 gg.) SP leases on market conditions in TGK-4 assets in the production and distribution of heat (boilers and heat networks). Ownership of all assets and management functions would remain with TEC TGC-4. The joint venture will be responsible for the distribution of thermal energy produced by enterprises of TGK-4, as well as repair and upgrading of the related assets.
The agreement provides for the launch of a pilot project in the Kursk region in 2010 In the future, taking into account the activities in the Kursk region will be launched in all regions of presence of TGC-4. Projected annual revenues of the joint venture will reach $ 1 billion by 2015.
In the long term partners intend to actively develop the joint venture, providing services for the operation and management of thermal assets across Russia and possible acquisition.
It is expected that the procedure for establishing the joint venture will be completed in the first quarter of 2010, after obtaining the relevant approvals and permits from regulatory agencies, an inventory of thermal assets of TGK-4 in the Kursk region and agree on a business plan with the administration and the Regional Energy Commission of Kursk region .
ONEXIM Group - a private investment fund, was founded in 2007 and has a diversified portfolio of investments in the metals and mining sector, energy sector, including hydrogen energy and nanotechnology, as well as in financial services, media and real estate.
Dalkia - a subsidiary of Veolia Environnement and Electricit #233; de France (EDF). The leading European provider of energy services for public and private customers. Dalkia activities aimed at ensuring effective heat and energy through integrated solutions, which include delegated management, maintenance and modernization. Dalkia Revenues in 2008 totaled 8.6 billion euros. The company employs over 52 800 employees in 41 countries.
Analytics - the outcome of the day
Energy, World Stock Market, Currency, Weather …
Forex - in the European session
Enormous amount of liquidity, low interest rates on the interbank market and the dynamics of global markets does not allow domestic exchanges to go down
The uptrend from the beginning of October 2009 for dinner was defeated Bears
Financial Report of Bank of America could put pressure on the movement of quotations, but we should not overestimate its impact
As of 17:00 Moscow time the volume of trading on the MICEX Stock Exchange amounted to 177.52 billion rubles
Net loss MDM Bank under IFRS for 1 half of 2009 amounted to 4.3 billion rubles
Quarterly reporting Bank of America
The technical analysis of currency pairs
ONEXIM, TGK-4, and the French Dalkia will create a joint venture on Russia's market of thermal energy
TGC-4 , a group ONEXIM and Dalkia International SA signed an agreement of intent to establish a joint venture in Russia market of thermal energy, said in a press release ONEKSIMa.
Under the agreement, joint venture between Dalkia (50% plus one share) and TGK-4 (50% minus one share) will managing and developing assets in production, transportation and distribution of thermal energy in Russia.
In the first phase of the project (2010-2013 gg.) SP leases on market conditions in TGK-4 assets in the production and distribution of heat (boilers and heat networks). Ownership of all assets and management functions would remain with TEC TGC-4. The joint venture will be responsible for the distribution of thermal energy produced by enterprises of TGK-4, as well as repair and upgrading of the related assets.
The agreement provides for the launch of a pilot project in the Kursk region in 2010 In the future, taking into account the activities in the Kursk region will be launched in all regions of presence of TGC-4. Projected annual revenues of the joint venture will reach $ 1 billion by 2015.
In the long term partners intend to actively develop the joint venture, providing services for the operation and management of thermal assets across Russia and possible acquisition.
It is expected that the procedure for establishing the joint venture will be completed in the first quarter of 2010, after obtaining the relevant approvals and permits from regulatory agencies, an inventory of thermal assets of TGK-4 in the Kursk region and agree on a business plan with the administration and the Regional Energy Commission of Kursk region .
ONEXIM Group - a private investment fund, was founded in 2007 and has a diversified portfolio of investments in the metals and mining sector, energy sector, including hydrogen energy and nanotechnology, as well as in financial services, media and real estate.
Dalkia - a subsidiary of Veolia Environnement and Electricit #233; de France (EDF). The leading European provider of energy services for public and private customers. Dalkia activities aimed at ensuring effective heat and energy through integrated solutions, which include delegated management, maintenance and modernization. Dalkia Revenues in 2008 totaled 8.6 billion euros. The company employs over 52 800 employees in 41 countries.
Analytics - the outcome of the day
Energy, World Stock Market, Currency, Weather …
Forex - in the European session
Enormous amount of liquidity, low interest rates on the interbank market and the dynamics of global markets does not allow domestic exchanges to go down
The uptrend from the beginning of October 2009 for dinner was defeated Bears
Financial Report of Bank of America could put pressure on the movement of quotations, but we should not overestimate its impact
As of 17:00 Moscow time the volume of trading on the MICEX Stock Exchange amounted to 177.52 billion rubles
Net loss MDM Bank under IFRS for 1 half of 2009 amounted to 4.3 billion rubles
Quarterly reporting Bank of America
The technical analysis of currency pairs