TGK-1

Corporate Details

ISIN(s):

RU000A0JNUD0

LEI:

Country:

Russian Federation

Address:

Prospekt Dobrolyubova 16 korp. 2, 197198  Saint Petersburg

Website:

https://www.tgc1.ru/en/

Sector:

Utilities

Industry:

Electric Utilities

Description

TGK-1, also known as Territorial Generating Company No. 1, is a Russian power generation company that is responsible for generating and distributing electricity in the Northwestern part of Russia. Established in 2005, TGK-1 is a subsidiary of Gazprom Energoholding, one of Russia's largest energy companies. TGK-1 operates a diverse portfolio of power plants, including natural gas, coal, oil, and hydroelectric power plants, with a total installed capacity of over 10,000 megawatts. The company's power plants are spread over 14 regions in Russia, including St. Petersburg, Murmansk, Karelia, and Arkhangelsk. Apart from power generation, TGK-1 is actively involved in developing and implementing energy efficiency programs, reducing greenhouse gas emissions, and creating a sustainable energy future for Russia. The company has invested heavily in modernizing its power plants and improving the efficiency of its operations, resulting in significant cost savings and environmental benefits.