12 Oct 2022 13:44

SUEK primarily interested in coal assets, generation within framework of M&A deals - CEO

MOSCOW. Oct 12 (Interfax) - Siberian Coal and Energy Company, or SUEK, is interested first and foremost in coal assets and coal-fired generation, SUEK CEO Maxim Basov told journalists in response to whether the possibility of new purchases of power plants in Russia is currently being considered.

"We're always considering everything. Coal and coal-fired generation interest us first of all," Basov said on the sidelines of Russian Energy Week.

The SUEK Group includes 30 coal mining enterprises, seven coal washing plants and units, a terminal at Vanino Port in the Khabarovsk Territory, Murmansk Commercial Seaport , repair and mechanical depots in eight regions of Russia, and Siberian Generating Company.

Various SUEK structures have already acquired in recent years Reftinskaya GRES plant from Enel Russia , Primorskaya GRES from RusHydro , and Kransnoyarsk GRES-2 plants from OGK-2 .

AIM Capital controls 92.2% of SUEK.