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 hydropower plants Shkalle, Cërrujë, Plesha, Bejni 1, Bejni 2 and Klos

Concession contract in the form of BOT (construction, operation, transfer) for the construction of hydropower plants Shkalle, Cërrujë, Plesha, Bejni 1, Bejni 2 and Klos in the course of the streams Bargjajt, Valit, Palëshës, Ahut, Molla in the district Klos - Mat.
The contract was concluded between the Ministry of Economy, Trade and Energy and Frigo Food shpk, NESH shpk and Vega shpk.
At the end of the concession period, the company will return the object to the Contracting Authority. The duration of the concession is 35 years.

The total value of the investment is 1'465'039'743 ALL, of which 411'336'979 ALL are investments in machinery and equipment.
The concession fee is 3% of the annual electricity production which the concessionaire must pay to the Contracting Authority.
The Concessionaire will reinvest 60% of the investment value for machinery and equipment starting from the 25th year.
The Concessionaire may subcontract its services to third parties only with the prior approval of the Contracting Authority.

Energy Partners Al shpk
Company Description
Merger of the companies Frigo Food, NESH and VEGA. This company was created to implement the concession contract. The company was established on 29.09.2009. Its legal form is shpk. Its share capital is 1'000'000 ALL. Its head office is in Tirana.

Frigo Food - 70% of the shares
NESH - 30% of the shares

Related Persons and Entities
Sokol Meqemeja - current administrator (29.09.2014 -28.09.2019)
On 24.02.2010, VEGA left as a partner of the company. For Frigo Food, the percentage of capital has increased from 58% to 70%. For NESH, the percentage of capital was 37% and became 30%.