T Plus

T Plus (Russian: Т Плюс) is a Russian electricity generation company part of the Renova Group.^[2] It was known as IES Holding until 2014.^[3]

T Plus

Company type	Public Joint Stock Company
Founded	2002
Headquarters	Krasnogorsk , Russia
Revenue	$4.97 billion[1] (2016)
Operating income	−$41.3 million[1] (2016)
Net income	−$269 million[1] (2016)
Total assets	$6.77 billion[1] (2016)
Total equity	$2.91 billion[1] (2016)
Owner	Renova Group
Website	Official website

T Plus incorporates assets from the territorial generating companies TGC-5, TGC-6, TGC-7, and TGC-9.^[3] It is the largest private heating and electricity generation company in the country,^[4] controlling 7% of the power generation and 10% of the heating market.^[5]

The director of T Plus was accused of paying over $14 million in bribes to regional officials in the Komi Republic between 2007 and 2014 in exchange for fixing tariffs for heating and electricity.^[6]

The company's shares were delisted from the Moscow Exchange in September 2016.^[7]

In 2022, the company's revenue amounted to 267 billion rubles.^[8]