Contour Global buys Vorotan Dam

Contour Global buys Vorotan Dam

 

The Armenian government and Contour Global (US) signed a secret deal on purchase of the Vorotan Dam, a strategic power facility, Tert.am reports.

The US company will not make investments and will take a loan at an Armenian bank for the purchase.

The government of Armenia sold the Sevan-Razgan cascade of power plants for $32 million and invested the sum in the Vorotan Dam.

 

5165 views
We use cookies and collect personal data through Yandex.Metrica in order to provide you with the best possible experience on our website.