There is a growing demand for energy in Europe and the ensuing problems require service and customer oriented solutions. In order to further fulfill these requirements, AF-Colenco Ltd founded a new subsidiary in Italy at the beginning of 2006. Colenco Italia will also render services of our comprehensive business activities focused on the individual requests of our clients in their business environment.
Colenco has been active in a number of projects in Italy over the past several years. In one case, we prepared a technical and economic evaluation of the 400 MW Combined Power Cycle Plant Teverola in 2003 and, based on this evalution, provided an investment recommendation.
