GGU Energy and Water Utilities Investment Overview
Partnership in hydro & other renewables
1
BGEO Group
Georgia focused investment platform
65% majority shareholder
2
RP Global
Austria-based renewables IPP
35% shareholder
Georgia's leading investment platform.
Owns & operates 149.3 MW of hydro power capacity
in Georgia in its GGU water utility and energy
business.
30 years experience in developing, building,
owning and operating renewable power plants,
globally (hydro, wind & solar).
BGEO Group and RP Global teamed up in 2014 with an initial focus on developing specific hydro power plants
The partnership was deepened in Q1/2017 with the target to establish Georgia's leading renewables developer, as an
integral part of BGEO's GGU water utility and energy business
GGU's energy arm develops and implements a diversified renewable power portfolio in Georgia, split between the
three main renewable technologies of hydro, wind and solar
GGU selects best project opportunities from an identified potential for each technology and aims to develop
additionally on top of the existing 149.3MW installed capacity about 400MW in the mid term, out of which 50MW
are under construction and 44.3MW are ready to build
GGU October 2017
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