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Russian wholesale electricity company posts 2005 net profits

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MOSCOW, April 14 (RIA Novosti) - Wholesale Electricity Generating Company No. 4 posted 2005 net profits at 104.6 million rubles ($3.8 million), WGC-4 press service said Friday.

WGC-4 is one of seven wholesale generating companies established during the restructuring of electricity monopoly Unified Energy System (UES).

It remains a 100% subsidiary of UES and has a total capacity of 8,630 MW. The company comprises five federal electric power plants supplying electricity in European Russia and Siberia.

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