Albania's Public Private Partnerships

Find out contracts, concession companies and funding sources

Database of concession projects and Public Private Partnerships signed by the Albanian government during the period 2004-2020.

Construction of Shemri and Mgulle hydropower plants

The concession contract was concluded between the Ministry of Economy, Trade and Energy and the companies Oberaldi shpk and Lala shpk.
The object of the contract is: financing, design, construction, commissioning, administration, maintenance of the Shemri and Mgulle hydropower plants on the Leproit River, Kukës district. At the end of the concession period, the facilities will be transferred to the Contracting Authority.

Company
Erald Energjetik
Company Description
Merger of Oberald shpk and Lala shpk. The company was established on 29.09.2009, with a share capital of 3'800'000 ALL. The company was created specifically to implement the concession contract. Its head office is at the address: Shemri Village, HPP under construction, Kukës.
 
Shareholders

Leadd Sh - 26% of the shares.
Oberald - 74% stake.
In the Founding Act, the partners are: Oberald shpk (74% of the shares) and Lala shpk (26% of the shares).

Related Persons and Entities
Shkëlqim Dreni - current administrator (15.06.2016 - 15.06.2021)
Muhamet Brahaj - former administrator (29.09.2009 - 15.09.2019)

Location