July 6 (Reuters) – Russian power producer OGK-5 (OGKE.MM) will likely see EBITDA at 471 million euros ($632 million) in 2011, controlling shareholder Enel (ENEI.MI) said in a presentation on Tuesday.
Italy’s Enel, which has 55.86 percent stake in OGK-5, also forecast that the Russian company’s earnings before interest, tax, depreciation and amortisation would rise to 1.077 billion euros in 2014.
In 2009, OGK-5 has an EBITDA of 7.74 billion roubles ($248 million). [ID:nLDE62E1DF] (Reporting by John Bowker; Writing by Toni Vorobyova; editing by Dmitry Sergeyev)