Enel OGK-5 signs 250 million EUR long-term financing agreement for Nevinnomysskaya CCGT with the European Investment Bank

The loan will be disbursed by tranches, with the repayment period of 15 years for each tranche.
The CCGT unit at Nevinnomysskaya GRES is scheduled to be commissioned at the end of 2010. The total investment of Enel for this project amounts to around 400 million Euros. The new CCGT unit will use the world’s leading combined cycle technologies, which will significantly improve the power plant’s fuel efficiency and reduce its emissions.
OJSC OGK-5 was registered in Yekaterinburg on October 27, 2004. On July the 7th of 2009 OJSC OGK-5 was rebranded to OJSC Enel OGK-5 by the decision of the General Shareholders’ Meeting.
The production affiliates of Enel OGK-5 are: Konakovskaya GRES, Nevinnomysskaya GRES, Sredneuralskaya GRES and Reftinskaya GRES. The total installed capacity of the company’s production assets is 8746,5 MW for electric power, and 2412 GCal/h for heat.
The share capital of Enel OGK-5 totals 35,371,898,370 roubles and is divided into ordinary shares with the nominal value of 1 rouble. The stake of the Federal Agency for Federal Property Management in the share capital of the company is 26,43%, the stake of Enel Investment Holding B.V. – 55,86%, the stake of minority shareholders – 17,71%. Enel OGK-5’s shares are listed in Quotation Lists A1 of MICEX and A2 of RTS.