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Georgia Government Signs Exclusive Hydroelectric Power Plant Development Agreements with Koka Kokolashvili's Companies

Nov 17, 2024•over 1 year ago

Contract Type

agreement

GeorgiaEnergyRenewable Energy

Description

The government of Georgia has signed secretive agreements with well-connected private investor Koka Kokolashvili to develop at least 25 hydroelectric power plants. This has raised concerns among local villagers about the potential impact on their rivers.

Company Information

Company

Koka Kokolashvili's companies

Location

Georgia

About

Koka Kokolashvili's companies have been given exclusive rights by the government of Georgia to develop at least 25 hydroelectric power plants in the country's east and west.

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Agreement Insights

Based on industry data
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months