Dep Energy Minister Grabchak chairs TGK-2 board
VORONEZH. July 1 (Interfax) - The board of directors of the TGK-2 generating company elected deputy Russian Energy Minister Yevgeny Grabchak as its chairman at a meeting on June 28, the company said.
Yulia Ivanova will again be acting general director. She also chairs the management board.
Shareholders in TGK-2 voted at an EGM on June 11 to elect Grabchak and Gazprom Energoholding CEO Denis Fedorov to the board of directors.
The board of nine directors also includes GEH-Finance CEO Yevgeny Zemlyanoi; head of the Russian Federal Property Agency (Rosimushchestvo) Department of Property Relations and Privatization of Large Organizations, Ilya Karpov; Deputy Director of the Energy Ministry Department of Operational Management in the Fuel and Energy Complex, Gleb Kostenko and the department's head, Yelena Medvedeva; and Senior Vice President and Director of the Department for Financing Industry, Energy and Housing and Communal Services of PJSC Promsvyazbank, Alexander Ushakov.
Additionally, the general director of Law and Technologies Expertise Bureau LLC, Mikhail Zaitsev, and the director of the Management of State and Municipal Property scientific and educational center of the Russian Presidential Academy of National Economy and Public Administration, Ivan Danilov, were elected to the board of directors.
The board of directors has nine members according to information on the company's website. Last year, this board was not elected owing to the Leninsky District Court of Yaroslavl having previously prohibited the registrar, Reestr-RN LLC, from taking into account the votes of some shareholders when counting on a number of issues. Moreover, the court prohibited holding meetings of TGK-2 shareholders to consider a number of issues.
The Leninsky District Court in Yaroslavl in the summer of 2023 ordered that 83.8% of the shares in PJSC TGK-2 be expropriated.
Kommersant reported at the end of October, citing sources, that the shares in TGK-2 had come under the control of Gazprom Energoholding, which did not immediately comment on the matter. However, in December 2023, GEH CEO Fedorov told journalists that his company had not yet received shares in TGK-2.
TGK-2 in May ordered a market valuation of the 83.42% of the company that is owned by the Federal Property Management Agency. The results must be submitted to the Federal Property Management Agency for the adoption of proposed management decisions. The assessment is due to be completed in August 2024.
TGK-2 assets include 12 combined heat and power plants, 30 boiler plants and four heating network enterprises. They are located in Russia's Arkhangelsk, Vologda, Kostroma, Novgorod and Yaroslavl regions, as well as in North Macedonia. The installed capacity of the company's power plants is 2.45 GW, and thermal capacity totals 8,800 Gcal/h.