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Investments - Georgia
Status: as at 30 June 2017
| Partner Institution |
Qartli Wind Power Plant (WPP) |
| Target Partner |
Georgia |
| Counterparty Sector |
Direct Investment/Renewable Energy Sector |
| Signing Date |
September 2016 |
| Size |
USD 4 million |
| Project Description and Objectives |
Generate electricity from renewable sources |
| Partner Institution |
Bank Republic |
| Target Partner |
Georgia |
| Counterparty Sector |
Financial Institution |
| Signing Date |
July 2016 |
| Size |
USD 5 million |
| Project Description and Objectives |
Support the institution's expansion of its green business |
For more information, please visit:
Press release "GGF LENDS GEORGIA'S BANK REPUBLIC USD 5 MLN"
| Partner Institution |
TBC Bank GE |
| Target Partner |
Georgia |
| Counterparty Sector |
Financial Institution |
| Signing Date |
December 2015 |
| Size |
USD 15 million |
| Project Description and Objectives |
The funding will strengthen the bank’s capitalization and support further growth of its Energy Efficiency (EE) and Renewable Energy (RE) lending activities |
For more information, please visit:
Press release "GGF ESTABLISHES PARTNERSHIP WITH TBC BANK IN GEORGIA WITH A USD 15 MILLION SUBORDINATED LOAN FACILITY"
| Partner Institution |
M2 Real Estate (M2RE) |
| Target Partner |
Georgia |
| Counterparty Sector |
Non Financial Institution |
| Signing Date |
November 2015 |
| Size |
USD 11,5 million |
| Project Description and Objectives |
Credit line for the construction of 1,900 new high-quality, energy-efficient apartments |
For more information, please visit:
Press release "GGF PROVIDES REAL ESTATE DEVELOPER M2RE IN GEORGIA WITH USD 11.5 MILLION LOAN FOR THE CONSTRUCTION OF ENERGY EFFICIENT HOUSING"
| Partner Institution |
Bank of Georgia |
| Target Partner |
Georgia |
| Counterparty Sector |
Financial Institution |
| Signing Date |
September 2014 |
| Size |
EUR 15 million |
| Project Description and Objectives |
Provide EE financing for the construction of energy efficient housing. |
| Partner Institution |
Dariali Hydroelectric Power Plant (HPP) |
| Target Partner |
Georgia |
| Counterparty Sector |
Direct Investment/Renewable Energy Sector |
| Signing Date |
August 2014 |
| Size |
USD 10 million |
| Project Description and Objectives |
Generate electricity from renewable sources |