Rusatom Infrastructure Solutions completed the acquisition of a controling stake in Quadra from Onexim Group.

Rusatom Infrastructure Solutions, a part of Russian state nuclear energy corporation Rosatom, completed the acquisition of a controling stake in Quadra, a public power generating company listed on Moscow Exchange, from Onexim Group. Financial terms were not disclosed. “The priority of our policy as a shareholder of Quadra has always been the development of the asset. We ensured the implementation of all obligations for the construction and commissioning of new facilities, carried out serious work to improve the reliability of energy and heat supply, forming a solid foundation for the further growth of the company. A significant contribution to the results of the company's activities was made by the management team represented by General Director S.V. Sazonov and other top managers who completed production tasks professionally, responsibly, caring for employees and taking into account the interests of society. The stage of formation of Quadra as one of the leaders in the energy sector of the country has been successfully completed. For the further development of the company, a strong specialized strategic investor is needed. Sure, that with the advent of the State Corporation "Rosatom" "Quadra - Power Generation" will receive new opportunities for its development. We leave a promising asset in good hands,” Dmitry Razumov, Onexim Group General Director.