EVN AG
EVN AG: EVN submits an offer for the construction of three hydropower plants in Albania – Construction of storage power stations along the Devoll River
EVN AG / Strategic Company Decision/Miscellaneous Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- EVN decided today to submit an offer for the concession to construct hydroelectric power plants along the Devoll River in Albania. On the basis of feasibility studies, EVN presented a proposal to the Albanian government in the first half of 2007 for the construction of three peak load, storage power stations on the Devoll River, with a total capacity of approximately 400 MW, and annual power production of 1,000 GWh. In July 2007, following a positive assessment by the responsible state commission, the Albanian government approved the project and declared it to be in the public interest. As a result, EVN received a bonus of ten evaluation points (from a possible 100) for the definitive tendering process which will be closed at November 19, 2007. EVN AG Corporate Communications EVN Konzern Mag. Stefan Zach EVN Platz 2344 Maria Enzersdorf Tel.: +432236 / 200-12294 Fax.: +432236 / 200-82294 Mobil:+43676 / 810 322 94 stefan.zach@evn.at 14.11.2007 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: EVN AG EVN Platz 2344 Maria Enzersdorf Österreich Phone: +43-2236-200-12294 Fax: +43-2236-200-82294 E-mail: info@evn.at Internet: www.evn.at ISIN: DE0002494200, AT0000741053 WKN: 249420, 878279 Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, Stuttgart, München End of News DGAP News-Service ---------------------------------------------------------------------------
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