Ownership as documented
not publicly documented in the source opened
Description
Italian co-winner with Excelerate Energy of KESH's 2022 floating thermal plant lease in Vlorë.
Contracts and money
Figures recorded for the cases linked to this organisation. A figure here is not necessarily paid to or by this organisation; check payer and payee.
Floating plant lease value (Transparency: 45 million USD, about 41.4 million EUR)
€41,420,000
concessionSource label: Under investigationStated definition: Figure reported by Transparency International for the lease; conflicts with 336m EUR two-year total from Faktoje; not reconciled
Date: 2022 · Payer: KESH · Payee: Excelerate Energy / Renco
- Transparency International CEPI (excerpt) (opens in a new tab)Transparency International · 2022 · ngo · EN
Floating plants: two-year package (Faktoje figure, not reconciled)
€336,000,000
concessionSource label: Under investigationStated definition: Faktoje figure as seen in excerpt; Citizens.al gives about 330 million USD; conflicting
Date: 2022-2024 · Payer: KESH · Payee: Excelerate Energy / Renco
- Faktoje (excerpt via search) (opens in a new tab)Faktoje · 2022 · journalism · EN
Officials and people linked
No person is linked to this organisation in the research.
Investigations and cases
Sorted by reported money, then by linked people and their legal status. The money figure is the largest single reported figure, not a total.
From Jan 2022
Vlorë floating thermal plants (Tiger 1 and Tiger 3): KESH emergency lease from Excelerate and Renco (2022)
In early 2022 KESH launched an expression-of-interest call for a mobile oil-fired plant of about 110-130 MW. The offer from Excelerate Energy (USA) and Renco SpA (Italy) was accepted. Under the terms…
Status: Reported as idle as of Nov 2024 (GEM); 2025-2026 status not found.
Sources for this record
Every source the research cites for this record, grouped by its source label. 1 source.
Source label: Under investigationUnder investigation · 1 source
- Publisher
- Citizens.al
- Date
- 7 Feb 2024