Verbund Considers Increasing Investments in Turkish Hydro Power
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Verbund AG, Austria’s biggest utility, is considering whether to increase its investments in Turkish hydropower, according to a company official.
The additional investment depends on Turkey allowing more attractive prices with the liberalization of electricity markets later this year and would be carried out via its Enerjisa Enerji Uretim AS, said the official, declining to be identified because the person isn’t allowed to speak publicly about the plans.