With presence in the Czech Republic, Bulgaria, Georgia and Armenia, the recent acquisition in Turkey adds 95MW to the Group's installed capacity, resulting in more than 700MW and over 2.8 TWh total annual generation.
The five hydropower plants acquired in Turkey: Aralik HPP, Hamzali HPP, and Resadiye Cascade (three-hydropower plants), are located near the border with Georgia, North-East of Ankara, and near Tokat city, respectively. Two of the Cascade's plants are undergoing final construction, the remaining three newly-built plants started operation in the recent past months.
Energo-Pro, a private group of companies, has become a leader in hydropower generation and distribution in the Caucasus region. The new assets acquired in Turkey are yet another milestone in the continuous expansion of the company. It has aroused wide interest among project developers and regional authorities that are in the outlook for a reputable partner.