According to the Bank's website, the project provides funding to the Georgia Global Utilities JSC to refinance all debt at GGU's hydropower and wind power plants and to invest in capital expenditure program for the water and waste water business.
Georgia Global Utilities JSC (GCU) manages the renewable energy and water utility business of London-listed investment company Georgia Capital PLC. GGU through its subsidiaries operates 220MW of hydropower plants and owns the only operational (21MW) wind power plant in the country. In addition, GGU fully owns Georgian Water & Power LLC, the sole provider of water and wastewater services in the capital city of Georgia, Tbilisi.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||Georgia Global Utilities JSC||Client||-|
Project contacts not provided at the time of disclosure
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