Investment overview
A 40 MW utility-scale solar park in Kakheti, designed to diversify Georgia’s generation mix alongside hydropower.
Investments
Eastern Solar Park
A utility-scale solar project in eastern Georgia
- Status
- Under development
- Geography
- Kakheti, Georgia
Investment rationale
High solar irradiation in eastern Georgia, available land close to the transmission network and a supportive renewable energy policy.
Iberoni’s role
Iberoni Capital is developing the project from site selection through permitting, technical design and the financing structure, together with an international EPC partner.
Milestones
2024
Site secured
Completed
2025
Grid connection agreement
Completed
2026
Financial close
Planned
2027
Commercial operation
Planned
Value creation
- 01A bankable structure for international lenders
- 02Diversification of the renewable portfolio
- 03Local employment during construction
Gallery
Rendering
Location
Kakheti, Georgia
Energy
Related projects
OngoingEnergyHighland Hydropower Plant
- Installed capacity
- 24 MW
- Commissioned
- 2021
- Average annual output
- 95 GWh
OngoingEducationInternational School Campus
- Student capacity
- 1,200
- Campus area
- 18,000 m²
- Opened
- 2020
Under developmentLogisticsEast–West Logistics Park
- Warehousing
- 45,000 m²
- Connectivity
- Rail-linked
- Development
- 3 phases