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Energy Finance & Investment News in Georgia

IPPToday #149: EBRD to finance 280 MW hydropower project in Georgia

IPPToday #149: EBRD to finance 280 MW hydropower project in Georgia

🕔Feb 6, 2018

The European Bank for Reconstruction and Development (EBRD) has approved financing for the Nenskra Hydropower Plant project. A senior secured loan of up to US$214 million will finance the development and construction of a 280 MW hydropower plant, the largest HPP constructed in the recent history of independent Georgia.

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IPPToday #134: EBRD to finance rehabiliation of 1320 MW Enguri hydropower plant in Georgia for the fourth time

IPPToday #134: EBRD to finance rehabiliation of 1320 MW Enguri hydropower plant in Georgia for the fourth time

🕔Jan 16, 2018

The European Bank of Reconstruction and Development (EBRD) has announced that it is to finance the modernisation and rehabilitation of the Enguri hydropower plant. With an installed capacity of 1320 MW, it supplies 40% of Georgia’s electricity.

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EBRD supports first wind farm in Georgia

EBRD supports first wind farm in Georgia

🕔Oct 14, 2016

The European Bank for Reconstruction and Development (EBRD) and the government of Georgia have inaugurated the first wind power plant in Georgia and the Caucasus region.

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EIB to finance TANAP gas project

EIB to finance TANAP gas project

🕔Feb 10, 2016

Accordijg to Bloomberg, the European Investment Bank (EIB) will allocate one billion euros to finance the construction of the Trans-Anatolian Pipeline (TANAP) project.

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 EBRD seeks interest for 433 MW Namakhvani HPP Cascade Project in Georgia

EBRD seeks interest for 433 MW Namakhvani HPP Cascade Project in Georgia

🕔Jan 8, 2016

The European Bank for Reconstruction and Development (EBRD) has launched a request for expression of interest (RFEOI) for the 433 MW Namakhvani HPP Cascade Project in Georgia.

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Tata Power completes financial closure of 187MW Adjaristsqali hydro project in Georgia

Tata Power completes financial closure of 187MW Adjaristsqali hydro project in Georgia

🕔Mar 30, 2015

Tata Power, Clean Energy Invest AS Norway and IFC InfraVentures have completed financial closure for the 187 MW Adjaristsqali hydro project in Georgia.

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Galt & Taggart and RP Global partner up for hydropower projects in Georgia

Galt & Taggart and RP Global partner up for hydropower projects in Georgia

🕔Dec 23, 2014

Renewable energy IPP RP Global has entered into a Joint Venture with Galt & Taggart, Bank of Georgia’s investment management business to develop hydropower projects in Georgia.

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