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Additional News in English | Još vesti na Srpskom | Επιπλέον ειδήσεις στα Ελληνικά |  |
Text |  |
bne - 15.03.2013
Austrian energy group EVN said it has agreed to sell its 50% stake in Albania's Devoll Hydropower to Norwegian renewable energy group Statkraft , Reuters reported.
EVN said the sale of the stake in the project would cause a one-off negative effect of about 20 million euros ($26 million) on its operating result after tax.
The overall investment amount for the construction of the hydro power plant at the time the concession was given was estimated at about EUR950m, EVN said.
Source: bne
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