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Re: wakl post# 52491

Saturday, 04/07/2012 7:35:29 PM

Saturday, April 07, 2012 7:35:29 PM

Post# of 95347
These four are coming up in June,

Albania to start privatisation of four hydropower plants in June 2012.
The Albanian government will call an international tender for the privatisation of four hydropower plants in June, local news portal albeu.com reported, citing a statement of economy minister Nasip Naco. The plants are Bistrica 1 and 2, Ulza and Skopeti. The authorities have invited strategic investors with minimum capital of EUR 25mn to take part in the sale. The combined output of the four plants stood at 406 million KWh in 2010, accounting for 5.5% of the country's total energy production. The plants have been spun off from state-owned power utility KESH prior to the opening of the sales procedure

But this probably has to be completed before any new projects are bid on:

should not be a concern ..that has to be worded in that way as to not lock in the current potential investors untill the legal agreement have been finished up.And as far as the PPS i would hope that as soon as the funds become liquid to us PPS will increase do to the net worth of the company.WQhat you are missing here is that this is all in place only thing thats not is the finall agreement and the distribution of the letter shares to be allocated for said investors..ZD