ROSSETI Northern Caucasus is an interregional distribution grid company operating in the power sector of the Russian Federation. The majority shareholder is Rosseti PJSC exercising corporate governance of interregional distribution grid companies / regional distribution grid companies (via Boards of Directors).
Key business activities:
power transmission and distribution;
technological connection of consumers to the grid infrastructure.
The Company also buys and sells power and capacities in the wholesale power and capacity market, and sells power and capacities in the retail market of the Republic of Dagestan, the Republic of North Ossetia–Alania and the Republic of Ingushetia.
ROSSETI Northern Caucasus operates in the area encompassing seven regions of the North Caucasian Federal District and the Republic of Kalmykia.
The company ensures electric power transmission via 110 to 0.4 kV (kilovolt) grids across the territory of 7 North Caucasian Federal District entities: the Republic of Dagestan, the Karachay-Cherkess Republic, the Kabardino-Balkarian Republic, the Republic of North Ossetia–Alania, the Republic of Ingushetia, the Chechen Republic, and Stavropol Krai.
The structure of the branches of ROSSETI Northern Caucasus includes 6 branches: Stavropolenergo, Kabbalkenergo, Karachaevo-Cherkesskenergo, Sevkavkazenergo, Dagenergo and Ingushenergo.
The controlled companies of ROSSETI Northern Caucasus are:
grid: Chechenenergo JSC
others: Dagestan Grid Company JSC, Dagestan Power Supply Company PJSC, Sevkavkazenergo JSC, Kabbalkenergo JSC.
The authorised share capital of ROSSETI Northern Caucasus is 889.3 million rubles and consists of 889,313,596 ordinary shares with a par value of one ruble each. The majority shareholder is Rosseti PJSC (98.61%, excluding actually placed shares of the current additional issue).