T Plus (russian: Т Плюс) is a Russian electricity generation company part of the
Renova Group
Renova may refer to:
Cities, towns, townships etc.
*Renova, Mississippi
*Renova: an unincorporated settlement in Dexter Township, Minnesota
Brand names
* Renova (brand), a Portuguese paper products company
* Trade name of tretinoin, a treatment ...
. 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
The Komi Republic (russian: Республика Коми; kv, Коми Республика), sometimes simply referred to as Komi, is a republic of Russia located in Eastern Europe. Its capital is the city of Syktyvkar. The population of the ...
between 2007 and 2014 in exchange for fixing tariffs for heating and electricity.
The company's shares were delisted from the
Moscow Exchange
The Moscow Exchange (MOEX; rus, Московская биржа, r=Moskovskaya birzha, p=mɐˈskofskəjə ˈbʲirʐə, a=) is the largest exchange in Russia, operating trading markets in equities, bonds, derivatives, the foreign exchange market, ...
in September 2016.
References
External links
Official website
{{Power companies of Russia
Electric power companies of Russia
Companies formerly listed on the Moscow Exchange
Renova Group
Companies based in Moscow Oblast