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.
Energy Finance & Investment News in Georgia
IPPToday #134: EBRD to finance rehabiliation of 1320 MW Enguri hydropower plant in Georgia for the fourth time
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.
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.
Accordijg to Bloomberg, the European Investment Bank (EIB) will allocate one billion euros to finance the construction of the Trans-Anatolian Pipeline (TANAP) project.
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.
Tata Power, Clean Energy Invest AS Norway and IFC InfraVentures have completed financial closure for the 187 MW Adjaristsqali hydro project in Georgia.
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.