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Tag Archives: gwp

FITCH Assigns Georgian Water and Power ‘BB-‘ Ratings

International rating agency Fitch has assigned rating to company Georgian Water and Power (GWP). The company’s rating has been determined by ‘BB-‘. The Outlook is Stable. The ratings are supported  by high reliability of the company, efficiency, and system management of “Georgian Water and Power”. The rating reflects trust in the …

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Construction of Saguramo Hydro Power Plant Starts in Georgia

Saguramo HPP

The construction of Saguramo Hydro Power plant started in Georgia today, The Minister of energy of Georgia Kakha Kaladze and General director of Georgian water and power Giorgi Tskhadze attended the opening ceremony. According to the Ministry of Energy The hydropower plant will have a total output of 4.6 MW and annual output …

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PASHA Bank Issues the Term Loan Facilities to GWP and RWC

pasha-bank-gwp

PASHA Bank issued term loan facilities to Georgian Water & Power and Rustavi Water Company of GEL 12.5 million  and GEL 10 million respectively.  Combined exposure of the Bank to the borrower’s parent company, Georgian Global Utilities, amounts to GEL 22.5 million. The borrowers are regulated water utilities serving Tbilisi …

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