WASHINGTON, May 23, 2019 - The World Bank’s Board of Executive Directors today approved the following project:
Georgia Energy Supply Reliability and Financial Recovery Project
IBRD Credit: EUR 62 million loan, and IBRD Guarentee of US$ 50 million equivalent
Terms: Grace = 14 years, Maturity = 24 years
Project ID: P169117
Project Description: to increase electricity supply reliability in the western part of Georgia, achieve the financial viability of Georgia State Electrosystem (GSE), and help it access long-term commercial financing.
For more information, please visit: http://projects.worldbank.org/P169117?lang=en
