Public Joint Stock Company Inter RAO UES (MISX:IRAO) acquired 65% stake in Siemens Gas Turbines Technologies LLC from Siemens Aktiengesellschaft (XTRA:SIE) on October 14, 2022. Power Machines retains 35% stake in the JV.

Public Joint Stock Company Inter RAO UES (MISX:IRAO) completed the acquisition of 65% stake in Siemens Gas Turbines Technologies LLC from Siemens Aktiengesellschaft (XTRA:SIE) on October 14, 2022.