Albania Signs a Deal to Build a Power Line to Italy

Albania signed a deal with German project management firm Max Streicher to create a company to build a 200 million euro ($227.1 million) power line to Italy.
The deal signed in Munich, Germany, will see Max Streicher act as leader of a group that will conduct a feasibility study, secure financing and bring on board other investors, the Energy Ministry said.

"The realisation of this project creates bigger possibilities for further investments in the energy sector in Albania, especially renewable energy," the ministry added reports Reuters.

(Balkans.com)