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 in the Osum River cascade

The concession contract was concluded between the Ministry of Economy, Trade and Energy and the companies Constructora Quebec Ltd, Orteng Equipamentos of System LTDA, Gensoumi Ltd and Pëllumb Çela shpk.
The object of the contract is: financing, design, construction, commissioning, administration, maintenance of hydropower plants on the Osum River. At the end of the concession period, the facilities will be transferred to the Contracting Authority.

Company
Generate Renewable Energies
Company Description
Object of activity: to implement the concession contract. The company was established on 27.10.2011. Its capital is 2'500'000 ALL.
Shareholders

Genosumi - 74% of the shares
Constructora Quebec - 10% of the shares
Orteng Equipamentos e Sistemas - 1% of the shares
Pëllumb Çela - 15% of the shares

Related Persons and Entities
Vito Çela - current administrator (27.10.2011 - 25.02.2018)

Location