Croatian HG Spot to build hydroelectric plants in Serbia.

By bne IntelliNews February 9, 2011
Croatian IT retailer HG Spot plans to invest around EUR 6mn in building four hydroelectric plants in Serbia, Croatias Poslovni Dnevnik reported citing HG Spot co-founder and shareholder Sasa Loncar. The plants should become operational by 2020, Loncar said. Loncar is also seeking partners for the construction of a fifth hydro power plant in Serbia, which is expected to cost over EUR 20mn.

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