DGAP-News: United Energy Group plc: Government of Republic of Srpska Passes 2nd Tender for Strategic Partner Selection for Hydroelectric Project the Upper Drina river system
(firmenpresse) - DGAP-News: United Energy Group plc / Key word(s): Miscellaneous
United Energy Group plc: Government of Republic of Srpska Passes 2nd
Tender for Strategic Partner Selection for Hydroelectric Project the
Upper Drina river system
28.06.2011 / 12:41
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Corporate News
Government of Republic of Srpska Passes 2nd Tender for Strategic Partner
Selection for Hydroelectric Project the Upper Drina river system
Haslemere, United Kingdom - June 28, 2011 - Today, the Government of the
Republic of Srpska published its second tendering process that will serve
as basis for the selection of a strategic partner for the realisation of
the hydroelectric projects on the Upper Drina river system. Eligible
companies have time until July 28, 2011 to submit their bids.
'The second broad-based tender will finally bring a lengthy process that
plays a vital role for our Southeast Europe strategy to a speedy
conclusion,' said Dr. Rolf Haferkamp, CEO of United Energy Group. 'Even
though a final decision is not to be expected before August this second
tender has enormous significance as foundation for a successful long-term
collaboration.'
Overall, the idea is to realise, together with the strategic partner, four
hydroelectric projects on the Upper Drina with a total investment volume of
approximately 500 million Euros. The projects would install a total output
of up to 250 MW, able to generate around 800 GWh of electricity per year.
'This equals about 15% of the total generated volume of the state-owned
ERS, and illustrates the enormous economic significance of the
hydroelectric project Upper Drina.'
For more information please go to:
http://www.vladars.net/eng/Documents/Invitation%20-%20Project%20hydro%20po
wer%20system%20of%20Upper%20Drina.pdf
United Energy Group plc
United Energy Group plc is an independent listed energy company. Formed in
2006, the company focused initially on the area of energy production.
During the past two years, UEG underwent substantial redevelopment, and
operates now in the business areas of Energy Consulting, Energy Trading,
and Energy Investments. The company has thereby responded to global market
trends as it seeks to make a significant contribution to the energy supply
sector, and to help meet the growing energy needs worldwide.
Forward-Looking Statements
This communication may contain certain forward-looking statements that
include declarations of intent, strategies and opinions relating to the
future and to the expectations of United Energy Group and its subsidiaries.
Any statement contained herein is based on information available on the
respective day to the management of UEG; and actual events, may vary
depending on the occurrence of future events that may or may not be subject
to the management's control, including risks and uncertainty factors that
may cause the actual outcome to deviate considerably. Such risks and
factors include, without being limited to, ramifications that acquisitions
may have for the company and its capital structure, exploratory findings,
market conditions, the stability of mineral oil and natural gas prices, the
uncertainty factors inherent in the operative business of mineral oil and
natural gas production, unexpected future investment requirements,
competition, statutory provisions, and other factors.
Contact:
Business Network Marketing- und Verlagsgesellschaft mbH
Corinna Kaspar
Fasanenstr. 47, D-10719 Berlin
Tel. +49 (0) 30 / 81 46 46 00
Fax +49 (0) 30 / 81 46 46 046
Email: ir(at)unitedenergy.com
End of Corporate News
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129952 28.06.2011
Datum: 28.06.2011 - 12:41 Uhr
Sprache: Deutsch
News-ID 34480
Anzahl Zeichen: 0
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Kategorie:
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