04 February 2025,   18:47
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In collaboration with the host government, Exim Holding through its subsidiary Achar Energy will Invest USD 460 million in the energy sector of Georgia

In collaboration with the host government, Exim Holding through its subsidiary Achar Energy will Invest 460 million USD in the energy sector of Georgia. This announcement followed a meeting between Irakli Kobakhidze, Prime Minister of Georgia and the company executives.

The investment project includes the construction of five wind power plants and one solar power plant, with a total installed capacity of approximately 360 MW. This initiative will contribute to strengthening the country"s energy sector and enhancing Georgia"s competitiveness in this field.

Following the meeting, a representative of Achar Energy-Exim Holding highlighted Georgia"s significant investment potential and the support that businesses receive from the Government of Georgia, making the country particularly attractive to foreign investors. The company will commence this unprecedented investment project this year, with facilities being gradually put into operation.

Exim Holding"s subsidiary, Achar Energy, has been successfully operating in Georgia for several years. The company has already completed two hydropower plant projects, with a total investment exceeding 200 million USD.

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