Georgia launches public auction to sell 20.7 MW Qartli wind project

Date September 30, 2019
Type M&A Transactions
Subtype Transaction launched
Countries Georgia
Subsectors Onshore Wind
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Georgian Energy Development Fund and Georgian Oil and Gas Corporation announce a public auction for 100% share of Qartli Wind Farm LLC.

Qartli Wind Farm LLC owns a total of 20.7 MW of installed Qartli Wind Farm on 11 hectare plot, which includes 3.45 MW. 6 turbines, platforms, fundaments, underground power transmission, underground optical cable, building and other movable property in the Gori / Kareli municipality, near the wind power plant street.

Qartli Wind Farm is the first wind power plant project in Georgia with an annual forecasted generated electricity output of 84 100 000 kWh. The plant was commissioned on December 20 of 2016.

Interested parties must submit an Application regarding Confidential Information no later than 18:00 pm October 31 of 2019.

Documents related to the auction are attached here.

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