Siberian Generating Company LLC entered into an agreement to acquire Krasnoyarskaya GRES-2 Plant from Public Joint-Stock Company "Second Generating Company of the Electric Power Wholesale Market" (MISX:OGKB) for approximately $160 million on January 09, 2020. The consideration is excluding VAT. During the transition period, OGK-2 will continue to operate the power plant. SGC is expected to begin operational management no later than in 12 months. Siberian Generating Company LLC completed the acquisition of Krasnoyarskaya GRES-2 Plant from Public Joint-Stock Company "Second Generating Company of the Electric Power Wholesale Market" (MISX:OGKB) for approximately $160 million in the March 2020.