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EVN, Statkraft to develop a hydropower project in Albania

EVN AG, an Austrian based leading energy and environmental services company, with significant investments in Eastern and South-eastern Europe, and Statkraft AS, a Norwegian based European leader in renewable energy, announced a joint venture in regard of the Devoll river concession in Albania.

Both companies will hold 50% in the joint venture company and will build on their experience in the region as well as use their combined knowledge in the planning, construction and operation of this challenging hydropower project.



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