MOSCOW, September 10 (RIA Novosti) - Russia's largest wholesale power generating company OGK-1 has chosen the Bank of New York as the depositary and lead manager of its upcoming IPO on foreign exchanges, the company said Monday.
The IPO date and volume have not yet been finalized, but according to some sources it could be held in late 2007 or early 2008.
OGK-1, controlled by Russian electricity monopoly Unified Energy System, has total generating capacity of 9,531 MW.