Last Updated: 16.12.15
# Investor Parties Signed Documents Unit Name Location, River Unit Capacity Comment
Memorandum (29.05.2007) Georgian Government, River Paravani - 1 Georgia-Urban Energy, Ltd. Urban Energy Contract (28.10.2014) Paravani HPP 86,54 MW ESCO Samtskhe-Javakheti
Memorandum (04.09.2007) Georgian Government, 2 Energo-Aragvi, Ltd. Contract (22.05.2014) Aragvi HPP River Tetri Aragvi-Mtskheta-Tianeti 8,5 MW ESCO
Nobulevi - 25.70 MW Nobulevi, Tskhimra Kolin Construction, Tourism, Industry Georgian Government, ESCO, Energotrans, Nobulevi, Tskhimra, Tskhimra - 32.00 MW Termination 3 Memoramdum (10.11.2010) Erjia, Lechekha - and Trading Co. Inc. Ltd Erjia, Lechekha Erjia - 27.00 MW 09.09.2011 Samegrelo Lechekha - 21.00 MW
Unal Insaat Ve Georgian Government, Khunevi - Termination 4 Memoramdum (28.12.2010) Khunevi HPP 11 MW Ticaret As ESCO Imereti 05.04.2012
Georgian Government, Georgian Ministry of Georgian Railway 5 Economic Development Memoramdum (11.06.2010) Nenskra HPP Nenskra - Mestia 210 MW Construction, Ltd ESCO
Mtkvari HPP, Ltd Georgian Government, Memorandum (24.11.2008) Amended and restated by the MOU dated on 6 (Caucasus Energy Mtkvari HPP Mtkvari - Akhaltsikhe 40-49 MW ESCO Contract (18.07.2013) 16.07.2015 and Infrastructure, JSC)
Memorandum (19.02.2011) Arakali - 8.88 MW Georgian Government, ESCO, Energotrans, Arakali, Abuli, Arakali, Abuli, 7 Optimum Enerji Uretim A.S. Abuli - 22.20 MW Ltd Samtskhe-Javakheti
Georgian Government, Memorandum (17.05.2011) 8 Energy, Ltd ESCO Larsi HPP Tergi - Mtskheta-Tianeti 19 MW Contract (23.08.2012)
Agreement (19.05.2011) Dariali Energy, Ltd (At present - Dariali Georgian Government, ESCO, Energotrans, 9 Contract (13.08.2012-terminated) Dariali Tergi - Mtskheta-Tianeti 108 MW Ltd Energy, JSC) Contract (18.07.2014)
BVI "Trans Electrica Limited", Trans Georgian Government, ESCO, Energotrans, Agreement (28.04.2011) Enguri - Samegrelo, 10 Khudoni HPP 702 MW Electrica Georgia, Ltd Ltd Contract(20.04.2012) Zemosvaneti
Georgian Government, Paravani Lake - Termination 11 Wind Energy Investment ESCO Memorandum (23.05.2011) ___ 50 MW Samtskhe-Javakheti 01.05.2014
Zomleti HPP, Zomleti-31.20 MW Vaio HPP, Vaio - 40.40 MW Georgian Government, ESCO, Choromkheti HPP Choromkheti - 21.00 MW, Zomleti, Vaio, Choromkheti Termination 12 "Clean Energy Invest" AS, Acharistskali, Ltd Energotrans, Ltd, Agreement (10.06.2011) Chorokhi HPP, Chorokhi - 36.20 MW, Chorokhi, Acharistkali - Achara 13.10.2014 Georgian State Electrosystem, Ltd Acharistskali 1, Acharitskali 1 - 26.46 MW, Acharistskali 2, Acharistskali 2 - 13.76 MW, Acharistskali 3. Acharistskali 3 - 6.09 MW.
Kirnati HPP, Kirnati HPP - 34.644 MW Georgian Government, ESCO, Energotrans, Kirnati, 13 Achar Energy 2007, Ltd Memorandum (01.07.2011) Khelvachauri HPP 1, Khelvachauri 1 - 36.376 MW Ltd Khelvachauri Khelvachauri HPP 2. Khelvachauri 2 - 34.645 MW - Achara.
Kolin Construction, Tourism, Georgian Government, ESCO, Energotrans, Tsageri - Tsageri, Terminated 14 Memorandum (15.08.2011) Tsageri HPP Tsageri 110 MW Industry and trading Co. Inc. Ltd Tskhenistskali 25.11.2013
Atac Insaat Ve Sanayi AS Georgian Government, ESCO, Magana HPP Magana, Lekarde - Magana - 20 MW Terminated 15 (Atac Construction and Industry Inc.Co), Energotrans, Ltd, Memorandum (26.10.2011) Lekarde HPP Samegrelo Lekarde - 20 MW 21.10.2013 Acharistkali, Ltd Georgian State Electrosystem, Ltd
© ESCO, 2015 1 Last Updated: 16.12.15
# Investor Parties Signed Documents Unit Name Location, River Unit Capacity Comment
Georgian Government, 16 Aliance Energy JSC ESCO Memorandum (18.11.2011) Nabeghlavi HPP Gubazeuli - Chokhatauri Nabeghlavi HPP - 1.9 MW
Georgian Government, 17 Cascade of Namakhvani HPPs, JSC Memorandum (27.03.2012) Namakhvani HPP ESCO
Georgian Government, ESCO, Energotrans, Machakhela HPP 1 Machakhela HPP 1 - 28 MW Terminated 18 Machakhela, LLC Memorandum (24.05.2012) Machakhela - Khelvachauri Ltd Machakhela HPP 2 Machakhela HPP 2 - 27 MW 01.04.2013
Georgian Government, Terminated 19 Green Apeks, LLC Memorandum (04.07.2012) ------Rustavi, Borough Surami ------ESCO 04.07.2014
Georgian Government, Memorandum (13.07.2012) Kazbegi, Dariali Gorge, 20 Kazbegi HPP, Ltd ESCO Kazbegi HPP Kazbegi HPP - 5 MW Contract (22.09.2012) River Brolistskali
Energy, Ltd is implementing the project based Energy, Ltd Georgian Government, Kvareli Municipality, on the agreement reached between Energy, 21 Contract (15.08.2012) Shilda Shilda - 5 MW (GGEDC, JSC) ESCO River Chelta Ltd and GGEDC, JSC
Georgian Government, Memorandumi (14.05.2009) 22 Bakhvi Hydro Power, Ltd ESCO Bakhvi HPP III Ozurgeti Municipality Bakhvihesi III - 9.8 MW Contract (23.08.2012)
Georgian Government, Memorandum (27.08.2012) Goginauri HPP, Goginauri HPP - 1.8 23 Alter Energy, Ltd Achara, Shuakhevi ESCO Okropilauri HPP Okropilauri HPP - 1.8
Hydrolea, Ltd. Kakheti Region Memorandum (11.09.2013) (Geoenergy, Ltd. Georgian Government, Akhmetahesi Rivers: Alazani, Ilto, Akhmetahesi - 9.1. MW 24 Contract (15.11.2013) Contract Hydro Georgia, Ltd. ESCO Debedahesi Debeda and Debedahesi - 1.9 MW (15.11.2013) Contract (15.11.2013) Stori Power, Ltd) Pshavelahesi Stori Pshavelahesi - 1.9 MW
Gardabani Thermal Power Plant, Ltd, Georgian Government, Implementation Contract Gardabani 25 Partnership Fund, JSC, Oil and Gas Gardabani Thermal Hydro Power Plant Gardabani ESCO (01.10.2013) Thermal Hydro Power Plant - 230 MW Corporation, JSC Restated and Amended by Implementation Agreement, dated on 11.06.2015 Georgian Government, Memorandum (17.02.2014) Contract Hydrolea, Ltd Samegrelo-Zemo Svaneti Area, Mestia 26 ESCO (10.03.2015) Darchi-Ormeleti 16.9 MW (Darchi, Ltd) District, Lukhi Village Memorandum (17.02.2014) Contract Hydrolea, Ltd Georgian Government, Samegrelo-Zemo Svaneti Area, Mestia 26 (10.03.2015) Kasleti-1 8.1 MW (Kasleti-1, Ltd) ESCO District, Village Zeda Tsirmindi
Memorandum (17.02.2014) Contract Hydrolea, Ltd Georgian Government, Samegrelo-Zemo Svaneti Area, Mestia 28 (10.03.2015) Kasleti-2 8.1 MW (Kasleti-2, Ltd) ESCO District, Village Kveda Tsirmindi
Georgian Government, Memorandum (15.09.2009) Khobi HPP-1 Samegrelo-Zemo Svanetis Area, 60 MW 29 Georgian Investment Group Energy, Ltd ESCO Chkhorotsku District, River Khobitskali Ameded and restated by the MOU dated on Khobi HPP-2 55 MW 20.08.2015 Machakhela HPP 1 Georgian Government, ESCO, Energotrans, Memorandum (24.07.2014) 23 MW 30 Machakhela HPP 1, LLC Machakhela - Khelvachauri Ltd Machakhela HPP 2 19 MW
Georgian Government, ESCO, Energotrans, Memorandum (11.10.2014) Alpana HPP 70,6 MW 31 Calik Enerji Sanayi ve Ticaret A.S. River Rioni Ltd, GSE, Sakrusenergo Sadmeli HPP 153 MW Georgian Government, ESCO, Energotrans, Memorandum (11.10.2014) 32 Calik Enerji Sanayi ve Ticaret A.S. Dolra 3 HPP River Dolra 30 MW Ltd, GSE, Sakrusenergo
© ESCO, 2015 2 Last Updated: 16.12.15
# Investor Parties Signed Documents Unit Name Location, River Unit Capacity Comment
Georgian Government, ESCO, Skhalta HPP 6 MW 33 Clean Energy Invest AS, Adjaristsqali, Ltd Energotrans, Ltd, Agreement (13.10.2014) Adjara, Adjaristskali GSE Shuakhevi HPP 175 MW
Georgian Government, ESCO, Energotrans, Memorandum (31.10.2014) 34 JSC Svaneti Hydro Mestiachala 2 HPP River Mestiachala 27 MW Ltd, GSE, Sakrusenergo 35 GN Electric, Ltd Georgian Government, ESCO Memorandum (09.03.2015) Rachkha HPP Tsageri, River Rachkha 10.25 MW
36 DEKA, LLC Georgian Government, ESCO Memorandum (09.03.2015) Didkhevi HPP Kakheti, River Didkhevi 1.3 MW 37 Energo Invest, Ltd Georgian Government, ESCO memorandum (31.03.2015) Avani HPP kakheti, River Avaniskhevi 4.6 MW Racha-lechkhumi, Zemo Svaneti, River 38 Khvamli, Ltd Georgian Government, ESCO Memorandum (01.04.2015) Jonouli 1 HPP Jonouli 1.1 MW Racha-lechkhumi, Zemo Svaneti, River 39 Khvamli, Ltd Georgian Government, ESCO Memorandum (01.04.2015) Jonouli 2 HPP Jonouli 6.6 MW Racha-lechkhumi, Zemo Svaneti, River 40 Khvamli, Ltd Georgian Government, ESCO Memorandum (01.04.2015) Jonouli 3 HPP Jonouli 13 MW Georgian Government, GSE, Sakrusenergo, 41 ANADOLU TASIT TICARET A.S Energotrans, ESCO Memorandum (29.05.2015) Kheledula 3 HPP Lentekhi, River Kheledula 60.44 MW
Gardabani Thermal Power Plant, Ltd, Georgian Government, Implementation Contract Gardabani Gardabani Thermal Hydro Power Plant Gardabani Pegasus East West Ltd ESCO (11.06.2015) Thermal Hydro Power Plant - 207 MW 42 Georgian Government, 43 Energy Solutions-Natanebi, Ltd ESCO Memorandum (23.06.2015) Natanebi 2 HPP Guria, River Natanebi 7.5 MW
Georgian Government, ESCO 44 Mtkvari Hesi, Ltd Memorandum (16.07.2015) Mtkvari HPP Akhaltsikhe, River Mtkvari 43-58 MW Georgian Government, GSE 45 Oni Cascade, JSC ESCO Memorandum (16.07.2015) Oni Cascade (Oni 1 HPP and Oni 2 HPP) Racha-lechkhumi, River Rioni 177.2 MW Georgian International Energy Georgian Government, GSE, Sakrusenergo, 46 Corporation, Ltd Energotrans, ESCO Memorandum (14.07.2015) Natanebi 1 HPP Guria, River Natanebi 7.2 MW Georgian International Energy Georgian Government, GSE, Sakrusenergo, 47 Corporation, Ltd Energotrans, ESCO Memorandum (14.07.2015) Natanebi 3 HPP Guria, River Natanebi 11.5 W Georgian Government, GSE, Sakrusenergo, 48 Gota 21, Ltd Energotrans, ESCO Memorandum (14.07.2015) Stori 1 HPP Kakheti, Telavi Municipality, 14 MW Georgian Government, 49 Hydroenergy, Ltd ESCO Memorndum (31.07.2015) Shilda HPP 1 Kakheti, Kvareli Municipality, River Chelti 1.9 MW Georgian Government, 50 Larsienergy, Ltd ESCO Memorndum (31.07.2015) Larsi HPP 2 Kazbegi, River Tergi 4.2 MW Georgian Government, Kakheti, Akhmeta Municipality, River 51 Feri, Ltd ESCO Memorndum (31.07.2015) Samkuristskali 2 HPP Samkuristskali 22.6 MW Georgian Government, GSE, Sakrusenergo, Racha-Lechkhumi and Kvemo Svaneti, 52 Aqua Hydro energy. Ltd Energotrans, ESCO Memorndum (17.08.2015) Lajanuri 1 HPP, Lajanuri 2 HPP, Lajanuri 3 Hpp River Lajanuri 4.3 MW; 5.8 MW; 4.3 MW Georgian Government, GSE, Sakrusenergo, 53 Aqua Hydro, Ltd Energotrans, ESCO Memorndum (17.08.2015) Nakra HPP Samegrelo-Zemo Svaneti, River Nakra 13.8 MW Georgian Government, GSE, Sakrusenergo, 54 Aqua Hydro, Ltd Energotrans, ESCO Memorndum (17.08.2015) Khelra HPP Samegrelo-Zemo Svaneti, River Khelra 3.1 MW Georgian Government, GSE, Sakrusenergo, 55 Aqua Hydro, Ltd Energotrans, ESCO Memorndum (17.08.2015) Ifari HPP Samegrelo-Zemo Svaneti, River Ifari 3.2 MW Khobi HPP-1 60 MW Georgian Government, Memorandum (20.08.2015) Samegrelo-Zemo Svanetis Area, 56 Georgian Investment Group Energy, Ltd ESCO Khobi HPP-2 Chkhorotsku District, River Khobitskali 41.6 MW
Memorandum (31.08.2015) 57 Nenskra Hydro, JSC Georgian Government, GSE, ESCO Contract (31.08.2015) Nenskra HPP Svaneti, River Nenskra 280 MW
58 "Tkibuli 150", Ltd Georgian Government, ESCO Implementation Agreement (16.10.2015) Coal Fired Thermal Power Plant Tkibuli Municipality 150 MW Georgian Government, GSE, Sakrusenergo, 59 LLC "RBI Group" Energotrans, ESCO Memorandum (12.10.2015) Tskhenistskali HPP Kvemo Svaneti, River Tskhenistskali 357.1 MW
Georgian Government, GSE, ESCO 418058; 4656820; 418052; 4649990; 60 Ltd "Kartli Wind Power Plant" Memorandum (16.11.2015) Kartli wind Power Plant 425118; 4649980; 425120; 4656810 20.7 MW
61 "Saknakhshiri' (GIG Group) Ltd Georgian Government, ESCO Implementation Agreement (16.11.2015) Coal Fired Thermal Power Plant Tkibuli Municipality 13.2 MW
© ESCO, 2015 3