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Czech Energo-Pro buys six power plants in Georgia for $427 mln

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TBILISI, February 5 (RIA Novosti) - Czech hydropower producer Energo-Pro has purchased six power plants and three regional power distribution companies in Georgia for a total of $427 million.

Under an agreement signed with the Georgian Fuel and Energy Ministry, Energo-Pro has also undertaken to build a 10 MW hydropower plant in eastern Georgia.

Energo-Pro owns power generation assets in the Czech Republic, Bulgaria, and other east European countries.

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