Alter Energy Group AG to Acquire First Hydro Projects

ALTER ENERGY GROUP AG announces the the signing of the Binding Letter of Intent (LOI) to construct and own 5 new hydro electric power stations in Ivano-Frankovsk, Carpathian region, Ukraine. The Ivano-Frnakovsk projects are a 40 MW, 20 MW and 15 MW cascade (consisting of three 5 MW mini hydro) power plants. Under terms of the LOI AEG will own 100% of...