Call for EOI – Development geothermal power project, Merhatovec, Croatia

Velika Ciglena plant construction, Croatia (source: HRT/ screenshot) – picture not related to story

In a release shared last month, Croatian equipment supply and engineering company ENSOLX d.o.o., shared a Call for the Expression of Interest for the participation in the development and implementation of the Project for the construction of a geothermal power plant in Merhatovec, Republic of Croatia.

Pursuant to the authority referred to in Article 13 of Statement of Incorporation of business entity ENSOLX d.o.o. (Hebrangova 30, CRO – 10000 Zagreb, PIN (01B): 91466137201; hereinafter: the “Company”), the Company Management issued a decision on 14 September 2021 on the publication of a public call for expressions of interest for participating in the development and implementation of the project for the construction of a geothermal power plant in Merhatovec, Republic of Croatia (hereinafter: the “Project”).

The Company has initiated the necessary preliminary work and procedures in the process of research, determination of potential and other important natural, technical, economic and other factors of the potential Project for development, construction and usability of the geothermal power plant in the exploration area Merhatovec.

Due to the interest in the Project, its complexity and importance of the Project’s potential, the Company’s Management decided to publish a Call for expressions of interest in participating in the development and implementation of the Project, inviting a potential partner/investor (independent business entity; group business entity; community of business entities) to deliver a written “Letter of Interest” to the Company project e-mail: geothermal@ensolx.com no longer than 15 days from the publication of this Call.

After the Call deadline, the Company and the interested partner/investor will start the process of signing NDA contract, representativeness and other documentation, and coordinate further aspects of the selection procedure. Company Management ENSOLX d.o.o.

The document with the Call for Expressions of Interest can be found here (pdf).

The call was published in the European edition of the Financial Times of September 29, 2021.

Source: Company release via email