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T Plus

Company type	Public Joint Stock Company
Founded	2002
Headquarters	Krasnogorsk, Russia
Revenue	$4.97 billion (2016)
Operating income	−$41.3 million (2016)
Net income	−$269 million (2016)
Total assets	$6.77 billion (2016)
Total equity	$2.91 billion (2016)
Owner	Renova Group
Website	Official website

T Plus (Russian: Т Плюс) is a Russian electricity generation company part of the Renova Group. It was known as IES Holding until 2014.

T Plus incorporates assets from the territorial generating companies TGC-5, TGC-6, TGC-7, and TGC-9. It is the largest private heating and electricity generation company in the country, controlling 7% of the power generation and 10% of the heating market.

The director of T Plus was accused of paying over $14 million in bribes to regional officials in the Komi Republic between 2007 and 2014 in exchange for fixing tariffs for heating and electricity.

The company's shares were delisted from the Moscow Exchange in September 2016.

In 2022, the company's revenue amounted to 267 billion rubles.

References

1. ^ http://www.tplusgroup.ru/fileadmin/f/voltgc/ir/financial/msfo/2012/T_Pljus_MSFO_2016.pdf. {{cite web}}: Missing or empty |title= (help)
2. "Only big players join Russia's solar-dominated tender". Renewablesnow.com. Retrieved 4 September 2017.
3. ^ "Russia's IES Holding starts asset consolidation to raise efficiency". TASS (in Russian). Retrieved 4 September 2017.
4. "T Plus Group". Power Generation Russia 2017. Retrieved 4 September 2017.
5. "In Putin's Russia, corporate bribery is both mandatory and dangerous". Financial Post. 7 September 2016. Retrieved 4 September 2017.
6. "Russia telecoms chief quits as T Plus graft probe widens". Financial Times. Retrieved 4 September 2017.
7. "Об исключении ценных бумаг из Списка ценных бумаг, допущенных к торгам, и о прекращении торгов ценными бумагами". Московская Биржа. Retrieved 4 September 2017.
8. "ПАО "Т Плюс"". www.rusprofile.ru (in Russian). Retrieved 2023-09-10.

External links

• Official website Archived 2021-07-04 at the Wayback Machine

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