Austria: EVN To Sell Devoll Hydropower To Statkraft A. S.

Business › n.a. ♦ Published: March 14, 2013; 21:26 ♦ (Vindobona)

Agreement regarding the sale of EVN AG's stake in Devoll Hydropower ShA, a project entity for the construction of a hydro power plant in Albania, to Statkraft A.S.

Austria: EVN To Sell Devoll Hydropower To Statkraft A. S. / Picture: © Vindobona.org

Today, EVN AG and Statkraft A.S. reached an agreement regarding the sale of EVN AG's 50%-stake in Devoll Hydropower ShA to Statkraft A.S. The sale of EVN AG's stake in Devoll Hydropower ShA to Statkraft A.S. remains subject to the Ministry of Economy, Trade and Energy of Albania's consent to such sale, and an agreement between EVN AG, Statkraft A.S., Devoll Hydropower ShA and the…

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