3Power Energy Group Inc (PSPW)

[UHD]

PSPW - Updated DD!! First 8k since June 2014 released this week for the Concession Contract with the Albanian Ministry of Infrastructure and Energy. Don’t miss out on this GEM ran by the Billionaires that own Dubai Sports City. They Do nothing small!

“On April 4, 2018, 3Power Shala Sh.p.k., a subsidiary of Shala Energy Plc, which in turn are majority owned by 3Power Energy Group Inc, entered into a legally binding Concession Contract with the Albanian Ministry of Infrastructure and Energy. The BOT (“Build – Operate – Transfer”) contract is the legally required sequel to Albania granting the 83.450 MW Hydropower Concession to the Company, as previously announced.
 
The Hydropower Plants in the Shala Project are comprised of Lekaj, Breg Lumi and Vajvishti and are designed to exploit the hydro energy potential of the water catchment of the Shala River. Lekaj and Breg Lumi are hydropower cascades and Vajvishti is a dam.
 
The total energy capacity of this Concession is 83.450 MW and will generate 321,465,632 KWH. The Concession which was granted for a period of 35 years commencing April 4, 2018.”



https://www.otcmarkets.com/stock/PSPW/disclosure

- Currently 3 Projects that are owned and approved to be built through the NEWLY created 3Power Shala company with a Construction Cost Total of $104,435,102 (84,944571 Euros)! -In addition Shala Energy Plc currently holds options for additional HPPs of a total 84 MW capacity, thus providing the group with a total capacity of 167 MW, requiring an investment volume of 210 million Euro.

300,000,000 AS
274,295,110 OS
20,000,00 Est Float

HEC VAJVISHT 57.9MW
http://3powershala.com/wp-content/uploads/2018/02/hec-vajvisht.pdf


HEC LEKAJ 18MW
http://3powershala.com/wp-content/uploads/2018/02/hec-lekaj.pdf


HEC BREG-LUMI 7.55MW
http://3powershala.com/wp-content/uploads/2018/02/hec-breg-lumi.pdf