BRIEF-Kitron gets order from Lockheed Martin
* Has received multimillion dollar contract from Lockheed Martin for production of Integrated Backplane Assembly (IBA) for F-35 low rate initial production program, LRIP 11
ISTANBUL Dec 3 State-controlled Russian energy group InterRao expects to complete the purchase of a power station in Turkey this year, the company said on Monday during a visit to Ankara by President Vladimir Putin.
InterRao is looking to buy the Turkish subsidiary of U.S. company AEI that owns 90 percent of the 478-megawatt Trakya power plant, located 100 km from Istanbul. Houston-based AEI is in the process of winding up its operations.
"We have reached a tentative agreement with all shareholders and plan to close the deal to buy the Trakya power station in Turkey by the end of the year," said InterRao spokesman Anton Nazarov.
Sources familiar with the matter say the deal had been held up for months amid tensions between Moscow and Ankara over the Syrian conflict, with Turkish government approval the last major hurdle left to clear.
The Energy Ministry said the cost of the deal would not exceed $100 million. AEI could not be reached for comment.
Trakya is a combined-cycle combustion turbine generator built in 1999 that can run either on natural gas or diesel oil.
Oct 25 Britain's FTSE 100 index is seen opening up by 13-17 points, or 0.2 percent, on Tuesday, according to financial bookmakers, with futures up 0.29 percent ahead of the cash market open.
BERLIN, Oct 25 The impact of Britain's vote to leave the European Union will shave around 0.25 percentage points off growth in Germany, Europe's largest economy, in the coming year, a study quoted in a regional German newspaper suggested on Tuesday.