PROJECT

Projects

Summary of Investment Information

Project Number

46734

Company Name

GEORGIA GLOBAL UTILITIES

Date SPI Disclosed

Jul 26, 2024

Country

Georgia

Region

Europe

Projected Board Date

Jul 12, 2024

Environmental Category

B - Limited

Status

Active

Last Updated Date

Jul 27, 2024

Department

Regional Industry INF LAC & EUR

Industry

Infrastructure

Previous Events

Approved : Jul 12, 2024
Signed : Jul 13, 2024
Invested : Jul 25, 2024

Sector

Water and Wastewater Utilities

Project Description

Georgia Global Utilities JSC (GGU, the Company or the Issuer)’s issuance of a 5-year US$300 million green bond on Euronext Dublin (the Project) to (i) refinance approximately US$200 million of the Company’s current shareholder loans and (ii) finance approximately US$100 million of the Company’s green capital expenditures program.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation