E.ON (FWB: EOAN) and DEGA Group, a real estate developer in the Russian Federation, have entered into a long-term partnership agreement to build and operate on-site power generation facilities for DEGA’s Russian industrial parks.
DEGA already supplies business tenants on its Industrial Park Noginsk, 30 miles (48 km) east of Moscow, with electricity and heat from two 15 MW gas turbine combined heat and power units. E.ON will now acquire a majority of the DEGA subsidiary that owns and operates these CHP units, and will have exclusive access to DEGA’s pipeline of Russian industrial parks.
E.ON says it is expanding its distributed energy activities in Russia, with a focus on companies in services or light industries. The DEGA partnership was signed with E.ON Connecting Energies, a new international unit of E.ON SE focusing on energy efficiency and on-site generation solutions for businesses and the public sector, E.ON said.
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