Hidroelectrica: over 10 investors interested to build hydro plants at Tarnita Lapustesti a 1 billion euro project
The hydro plant at Tarnita Lapustesti, an over 1 billion euro investment will be finished in 2019 according to the Economy ministry. By January 2012, the ministry will seek investors willing to sign a public- private partnership with the Romanian state. Hidroelectrica will hold 51% of the shares and the private investor will contribute by up to 49% of the social capital through direct financing. Currently, there are 10 investors interested in the project, Hidroelectrica representative Razvan Cojoc said.