Home  Issuers' Corner  Press Releases
CLOSE

Press Releases

company search
all press releases
all press releases

TGC-1

January 14, 2020

ACRA affirmed AA (RU) to TGC-1, outlook Stable

On 13 January 2020, the Analytical Credit Rating Agency (ACRA) affirmed TGC-1 credit rating at AA according to the Russian national scale with outlook Stable.

The credit rating of TGC-1 is based on the Company's adequate market position, good business profile and corporate governance, good geographical diversification and business profitability, low leverage, and good liquidity.

The Stable outlook assumes that the rating will most likely stay unchanged within the 12 to 18-month horizon.

About

TGC-1 (part of the Gazprom Energoholding Group) is a leading producer and supplier of electricity and heat in the North-West of Russia. TGC-1 comprises 53 power plants within four constituent entities of the Russian Federation: St. Petersburg, the Republic of Karelia, and Leningrad and Murmansk Oblasts.

TGC-1 installed electric capacity of the Company’s stations amounts to 6.9 GW and heating capacity of 13.5 thous. Gcal/hr. Major shareholders are Gazprom Energoholding LLC (51.79%) and Fortum Power and Heat Oy (29.45%).

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Coal Mining | Conglomerates | Construction Materials | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Ore Mining | Other | Other Extracting | Other Industrial | Other Service | Other Utilities | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z



Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer