3Power Shala 83.45MW hydropower plant

4/4/2018
Concession

€ 86 million

$ 94.854 million

Completed

4/4/2018


Overview:

  • 3Power Shala, a majority controlled SPV of Shala Energy, entered into a concession agreement with the Ministry of Infrastructure and Energy to construct and operate three hydropower plants on the Shala river.
  • The hydro plants will have a total installed capacity of 83.45 MW. 
  • The concession period is 35 years and includes Lekaj, Breg Lumi and Vajisht hydropower plants.

Rajeeb Gurung - Researcher

Jurisdiction:

Albania

Deal type:

Concession

Practice area:

Project development

Governing law:

Albania

Industry sector:

Energy


Firm:

Party: 3Power Shala (Concessionaire)

Party: Shala Energy (Owner)

Party: Falak Properties (Owner)

Lawyer: Alketa Uruçi