Contour Completes Purchase of Vorotan Power Plants

August 11, 2015
The Vorotan Hydropower Cascade (Source: Photolure)

The Vorotan Hydropower Cascade (Source: Photolure)

NEW YORK (PRNewswire)””ContourGlobal and the Republic of Armenia have announced the completion of the acquisition of the Vorotan hydroelectric facility, a series of three individual power plants with a total electrical capacity of 405 MW on the Vorotan River in southern Armenia.

ContourGlobal also announced that the International Finance Corporation (“IFC”

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