PROJECT

Projects

Summary of Investment Information

Project Number

31759

Company Name

PJSC CCS GROUP

Date SPI Disclosed

Sep 11, 2012

Country

Russian Federation

Region

Europe

Projected Board Date

Oct 12, 2012

Environmental Category

B - Limited

Status

Active

Last Updated Date

Nov 30, 2016

Department

Regional Industry INF LAC & EUR

Industry

Infrastructure

Previous Events

Approved : Nov 28, 2012
Signed : Dec 20, 2012
Invested : Oct 29, 2013

Sector

Integrated Utilities

Project Description

The project involves KKS Group (“KKS”), an independent utility providing space heating and hot water to customers in the Tula and Kemerovo regions of Russia. The project consists of: (i) improving the efficiency of existing KKS assets through capital expenditures; (ii) expanding KKS activities through acquisition and leasing of municipal heating assets; and (iii) developing and operating a combined heat and power plant for an international industrial customer located in the Tula region.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation