Enel Russia (Full name: Public Joint Stock Company Enel Russia; former names: OGK-5 and Enel OGK-5) is a Russian power generation company created by the reorganization of RAO UES, a former united power company of Russia. The company is registered in Yekaterinburg and its headquarters are in Moscow. The Italian Enel Group owns a majority stake of the company (56%). The company was founded as OGK-5 on 27 October 2004. In October 2006, the company ran an initial public offering, offering 5.1 billion shares with a total value of US$459 million. In June 2007, Enel bought 29.99% of the shares in the company, previously owned by RAO UES. In October 2007, Enel increased its stake to 37.15% and later to 56.43%. On 7 July 2009, the company was renamed Enel OGK-5 and was registered as Enel Russia on 8 August 2014. More information...
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