3Power Energy Group Inc (PSPW)

[syncmaster175v]

A little something from 2012

Thant's 3 years....I think that is probably enough time to build the plant?

The company’s partners in Albania have performed certain development work. After finalization of the definitive acquisition agreement, the next stages, including detailed design of the project, bankable study and structuring of finance will be performed. The investment cost for the project is estimated at approximately US $180 million and the market value of the concession is around US $20 million. 3P is planning for private placements and intends to use the proceeds for further project equity and development costs. The Shala River project is expected to be connected to the grid in 2015.