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En+ Group joins The Climate Group

Date
24 March 2011
En+ Group joins The Climate Group

RUSSIA, 24 March 2011: En+ Group, one of Russia’s leading diversified mining and energy groups, has joined The Climate Group.  En+ will work with us to help build climate change leadership and tackle other environmental issues through support of core programs, in particular focusing on accelerating use of renewable energy and energy efficiency in industrial centers.  The partnership will allow us to work together to bring best practice in greenhouse gas reducing technology into industrial centers in Asia.

Artem Volynets, CEO of En+ Group, says: “At En+, we are committed to playing our part in the concerted international effort of governments, businesses and individuals and non-governmental organizations to tackle climate change and safeguard the environment. Working to build sustainable cities is a key part of that effort. We are looking forward to bringing our expertise in renewable energy to our partnership with The Climate Group, as well as working in our Siberian heartland to help develop innovative, energy-efficient and low carbon solutions for industry”.

Mark Kenber, CEO, The Climate Group, says: “With increasing energy demands from a rapidly expanding middle class population, the battle against climate change will largely be won or lost in Asia.  We are delighted to welcome En+ as part of The Climate Group’s global alliance of leading businesses and governments committed to tackling climate change.  Their expertise in renewable energy technology, and their interest in working in the Asian market, will be a valuable contribution to our programmes there.”

En+ Group is Russia-based diversified mining, metals and energy group, with a 47.41% stake in the world's largest alumina and aluminium producer UC RUSAL, a 100% stake in EuroSibEnergo PLC (one of the world's largest hydro generation companies and largest Russian independent power producer) and 100% in SMR (one of the world's largest ferromolybdenum producers). En+ Group ‘s companies project pipeline includes R&D on small-scale nuclear power, a JV with China Yangtze Power to explore potential for sustainable new hydro power in Siberia, and projects in coal and uranium mining, gold, and aluminium downstream. The core base of En+'s businesses is located in Eastern Siberia - close to fast growing Asian markets.

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