Studies

2)Studied and supervised the construction of the “Small hydropower plant in Oinousa” in Serres, of 1,2 MW power. The investment was included in the Operational Programme for Energy with a budget of 1.614.087 € and got 45% subsidy. In the second phase a second power plant of 1,5 MW power was installed. The project was completed in 2003 and since then it runs normally.
The total investment amounted to 2.050.000 €. The operator of the entire investment is HPP OINOUSA SA, where HORIZON SA’s involvement accounts for 30%.

3)Studied and is shareholder in the investment “Hydropower plant in Kerkini”, of 2 MW power. The investment was included in the Operational Programme for Energy with a budget of 3.522.000 € and got 45% subsidy. In the second phase a second power plant of 3 MW power was installed. The project was completed in 2003 and since then it runs normally.
The total investment amounted to 6.600.000 €. The operator of the entire investment is HPP KERKINI SA, where HORIZON SA’s involvement accounts for 28%.

4)Studied and received the licenses for the project “Hydropower plant in Lithotopos” in the region of Serres, of 2 MW power.
The total investment amounted to 4.000.000 €. The operator of the entire investment is HPP LITHOTOPOU SA, where HORIZON SA’s involvement accounts for 80%.

5)Studied and received the licenses of the “Hydropower plant in the river Aggitis”, in the region of Serres, of 950 KW power. In the second phase of the project, the power production is expected to increase to 1,7 MW.
The investment budget amounts to 3.500.000 €. The operator of the entire investment is ENERGY INVESTMENTS SA (EN.EP. SA), which is subsidiary company of HORIZON SA.

6)Studied the “Hydropower plant in Komara, in Evros, of 3 MW power. The project is in the authorization phase (installation license is expected).
The investment budget amounts to 6.000.000 €. The operator of the entire investment is HORIZON SA.

7)Studied the “Hydropower plant in Kyprinos”, in Evros, of 5 MW power. The project is in the authorization phase (production license is expected).
The investment budget amounts to 10.000.000 €. The operator of the investment is the Municipality of Orestiada.