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719 Goverment finance

Norwegian AICE Hydro A.S. mulls over purchasing Pervomaisk hydropower plant

The company started talks with the State Property Fund of Ukraine (SPF)

Norwegian AICE Hydro A.S. revealed its plans to participate in the auction for Pervomaisk hydropower plant, reads SPF official page in Facebook.

The company sent its official letter to the fund with a notice of the possibility of taking part in the auction for Pervomaiskaya HPP.

AICE Hydro A.S. informs the company has vast experience in the development and management of small hydro power projects in Norway. AICE Hydro A.S. Also is mulling a possibility to introduce innovations and best practices in Ukraine.

For now, the Norwegian company wishes to assess investment opportunities of the facility of the Pervomaiskaya HPP.

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