Three hydro power plants are foreseen to be included in the cascade (Madan, Sarnitsa and Ardino), placed on the upper stream of Arda river.
The company operates on the Bulgarian market since 2005 executing business activities in the field of distribution and trade of electricity in South-Eastern Bulgaria.
In the beginning of 2010 Аlpine Bau reviewed its business development plans and decided to withdraw from the project.
The establishment of the new company proves the will of EVN and NEK to restore a long time planned project for a hydro power cascade on the upper stream of Arda river in South-Eastern Bulgaria.
Furthermore, the flexible production of energy from hydro power plants will contribute to the stability of the electricity supply in Bulgaria.