Investment overview
A 24 MW run-of-river hydropower plant on a mountain river in Imereti, supplying renewable electricity to the national grid under a long-term offtake arrangement.
Investments
Highland Hydropower Plant
A run-of-river hydropower plant in western Georgia
- Status
- Ongoing
- Geography
- Imereti, Georgia
Investment rationale
Stable hydrology, an existing grid connection and Georgia’s growing electricity demand support predictable long-term cash flows with a low environmental footprint.
Iberoni’s role
Iberoni Capital led the acquisition, restructured the project financing with a commercial lender and strengthened operating and reporting procedures through board representation.
Milestones
2019
Construction start
Completed
2021
Commissioning
Completed
2023
Iberoni Capital investment
Completed
2025
Refinancing completed
Completed
2027
Capacity optimisation
Planned
Value creation
- 01Debt refinanced on a longer tenor
- 02Digital monitoring of generation and maintenance
- 03Quarterly reporting to lenders and shareholders
Gallery
Location
Imereti, Georgia
Energy
