Irkutskenergo is a power company in Russia. It mainly focus on the generation of hydroelectricity

Hydroelectricity

Hydroelectricity is the term referring to electricity generated by hydropower; the production of electrical power through the use of the gravitational force of falling or flowing water. It is the most widely used form of renewable energy...

.

The company's hydroelectric facilities are located on the Angara River

Angara River

The Angara River is a long river in Irkutsk Oblast and Krasnoyarsk Krai, south-east Siberia, Russia. It is the only river flowing out of Lake Baikal, and is the headwater tributary of the Yenisei River....

: Irkutsk

Irkutsk Hydroelectric Power Station

The Irkutsk Hydroelectric Power Station is an earthen embankment dam on the Angara River with an adjacent hydroelectric power station. It is located adjacent to Irkutsk, Irkutsk Oblast in Russia and is the first dam on the Angara cascades. Construction on the dam began in 1950, its reservoir began...

, Bratsk, and Ust-Ilimsk

Ust-Ilimsk Hydroelectric Power Station

The Ust-Ilimsk Hydroelectric Power Station is a concrete gravity dam on the Angara River and adjacent hydroelectric power station. It is located near Ust-Ilimsk, Irkutsk Oblast in Russia and is the third and last dam on the Angara cascades...

 hydroelectric power plants. In addition, the company owns 13 cola-fired combined heat and power plants. The total installed capacity of Irkutskenergo is 12,879.9 MW of electric power and 13,002 Gcal/hour of thermal power.

Irkutskenergo is controlled by EuroSibEnergo, a subsidiary of Oleg Deripaska

Oleg Deripaska

Oleg Vladimirovich Deripaska is the Russian Chief executive officer of Basic Element company and a member of the Board of Directors and CEO of United Company RUSAL, a Russian aluminium industry company...

 owned En+ Group

En+ Group

En+ Group is an energy-related company owned by Oleg Deripaska. En+ Group owns a controlling interest in United Company RUSAL. It reported revenues of $10.869 billion in 2006.-Operations:...

, which owns 50.19% share in the company. Inter RAO owns 40% of shares. The rest of shares is traded on the RTS

Russian Trading System

The Russian Trading System is a stock market established in 1995 in Moscow, consolidating various regional trading floors into one exchange. Originally RTS was modelled on NASDAQ's trading and settlement software; in 1998 the exchange went on line with its own in-house system...

 and MICEX stock exchange

Stock exchange

A stock exchange is an entity that provides services for stock brokers and traders to trade stocks, bonds, and other securities. Stock exchanges also provide facilities for issue and redemption of securities and other financial instruments, and capital events including the payment of income and...

s. RusHydro

RusHydro

RusHydro , previously known as Hydro-OGK, is a Russian hydroelectricity company. As of 2008 it has a capacity of 25 gigawatts. It is the world's second-largest hydroelectric power producer and is the country's largest power-generating company and the largest successor to RAO UES...

has shown its interest to acquire stake owned by Inter RAO.