Nenskra 280MW hydropower plant

1/11/2018
Project development, Project finance

$ 1.2 billion

Announced

1/11/2018


Overview:

  • Korea Water Resources Corporation and JSC Nenskra Hydro have obtained a purchase agreement with ESCO, the Georgia's electricity system operator, and an EPC contract and the equity documents with partnership fund owned by the Government of Georgia in relation to the development, construction and financing of the 280MW Nenskra hydro power project on the Nenskra river in Upper Svaneti, Georgia. 
  • The project will be the largest hydro power project constructed in Georgia with a total value of $1.2 billion.

Laura Mendes - Researcher

Jurisdiction:

France

Deal types:

Project development
Project finance

Practice areas:

Project finance
Project development

Governing laws:

Georgia
England and Wales

Industry sector:

Energy


Firm:

Party: Korea Water Resources Corporation (Sponsor)

Party: JSC Nenskra Hydro (Project company)