| Invar International, Inc. in partnership with Zorlu Energy owns ICFS International, a holding company that is investing in the construction of Russia's first two privately-owned power plants. The Kozhuhovo gas-powered power plant will produce 340MW of power, 170 MW of which will be commissioned upon completion of Stage I, which is expected to be in operation in 2010
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Zorlu Energy
Talex International LLC
ICFS International LLC
Rosmiks B.V.
Rosmiks LLC
Zorlu Industrial
Akteros
Teploenergetika
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