OREANDA-NEWS. December 19, 2012. Raiffeisen Investment acted as an investment advisor for INTER RAO UES Group on acquisition of 90% stake in power plant Trakya Elektrik Uretim Ve Ticaret in Turkey.

Acquired asset is a modern combined-cycle power plant with installed capacity 478 MW with long-term gas supply and power purchase agreements. The transaction obtained necessary approvals from the Department of Energy and Natural Resources, and from the Competition Authority of Turkey. Transaction value amounted to 67.5 million U.S. dollars.