# Verbund Hydro Power awards €150M contract for Limberg III pumped storage plant

Verbund Hydro Power has awarded a €150 million contract to a consortium of Porr, Hinteregger, Marti Tunnel and Marti to build the Limberg III pumped storage plant in Kaprun, Austria. Construction is set to begin in early summer 2021 and be completed by 2025.

- Type: Contract
- Announced: 2021-05-12
- Where: Kaprun, Austria, Austria
- Value: $129.0M (150.0M EUR)
- Status: announced
- Products: pumped storage plant
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Verbund Hydro Power](https://endata.com/companies/7551.md) (customer)
- [Porr AG](https://endata.com/companies/22697.md) (supplier)
- [Hinteregger Group](https://endata.com/companies/25785.md) (supplier)
- [Marti Tunnel](https://endata.com/companies/55053.md) (supplier)
- [Marti](https://endata.com/companies/55054.md) (supplier)

## Sources

- [geplus.co.uk](https://www.geplus.co.uk/news/austrian-pumped-storage-plant-contract-awarded-to-porr-led-consortium-12-05-2021/), 2021-05-12: "Austria-based electricity company Verbund Hydro Power has contracted the consortium of Porr, Hinteregger, Marti Tunnel and Marti to build the Limberg III pumped storage plant in Kaprun, Austria, as part of a €150M (£129M) contract."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.