International Plants awaiting authorization

The Group has developed a project for the realisation of a wind farm in Albania to the South, South East of Valona. It will be situated partly on the Karaburun Peninsula and partly on Mounts Lungara and Kanalit to an installed power equal to 500 MW. It is the biggest wind farm to be planned in Europe. The project was presented,at the beginning of 2007, to the Albanian Authorities in the presence of the Prime Minister and the Minister for Energy. It received wide approval and considerable attention from the Press. The project was given authorization the albanian Government in December 2007. Work is expected to being before the end of 2008.