Seci Energia, Serbia’s EPS Sign Hydroelectric Development Accord
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Seci Energia SpA, a unit of Maccaferri Group, and state-run Serbian power producer Elektroprivreda Srbije signed an agreement to develop 10 hydroelectric plants.
The plants will cost an estimated 819 million euros ($1.1 billion) and have an installed capacity totaling more than 300 megawatts, Gaetano Maccaferri, president and chairman of Bologna, Italy-based Seci Energia, said today at a press conference. They will be located on the Drina River along the border between Serbia and Bosnia-Herzegovina.