EuroChem Subsidiary Buys Power Generator Novomoskovsk GRES

EuroChem Group AG subsidiary nitrogen fertilizer subsidiary Novomoskovsk Azot has acquired Russia’s Tula Region-based power generator Novomoskovsk GRES from PJSC Quadra Power Generation for an undisclosed sum, Interfax reported on Oct. 28, citing the Unified State Registry of Legal Entities.

According to the report, Novomoskovsk Azot is Novomoskovsk GRES’ sole customer. The power company has installed electricity capacity of 233.7 MW, and thermal capacity of 302.4 Gcal/h.