March 14, 2019 / 9:39 AM / 7 months ago

BRIEF-BKW: Concession For Hondrich Hydropower Plant Granted

March 14 (Reuters) - BKW AG:

* CONSORTIUM HONDRICH, IN WHICH BKW HOLDS 51 PERCENT AND ENERGIE THUN 49 PERCENT, WAS GRANTED CONCESSION APPROVAL FOR HONDRICH HYDROPOWER PLANT NEAR SPIEZ

* CONSTRUCTION IS SCHEDULED TO LAST FROM SPRING 2020 TO SUMMER 2023

* OVERALL, THE CONSORTIUM IS INVESTING AROUND CHF 52 MILLION IN THE NEW POWER PLANT Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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