Akuo acquires five small hydroelectric plants in Bulgaria

By Renewable Energy World Akuo, an independent renewable energy power producer and developer, announces that it has completed the acquisition of five small hydroelectric plants in Bulgaria with total installed capacity of 15.5 MW.

Akuo purchased the plants, on the Iskar River near Svoghe, from PVB Power Bulgaria. These assets, whose names were not disclosed, have been operational since 2010 to 2013.

This acquisition allows Akuo to strengthen its hydroelectricity division and its presence in Bulgaria, where the French group already runs four other hydropower stations with installed capacity of 63 MW. Akuo said the local and renewable energy produced by these plants represents the equivalent

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