The Vrutci Energy License will give REV the exclusive right to work in conjunction with the local municipality to develop a project converting an existing water supply reservoir into a hydroelectric power plant.

The existing Vrutci dam and reservoir were constructed in 1984 on the Djetinja River to provide a water supply and flood protection for the municipalities of Uzice and Sevojno. The dam is a double-curvature arch, 77 meters high, 241 meters long and contains around 54 million cubic meters of water. REV has enjoyed strong support from local leaders in industry and government regarding this project and we look forward to working with the municipality of Uzice to develop the Vrutci HPP.

Reservoir Capital is a Southeast Europe focused project generator, with a mandate to acquire undeveloped natural resource opportunities.