Kartli wind power plant was sold for $ 14.4 million. The buyer of the power plant is Georgia Wind Company owned by JSC Georgia Capital. The initial price of the facility was $ 14.25 million. The public auction was announced by Georgian Energy Development Fund and Georgian Oil and Gas Corporation (GOGC).
The application to sell 100% of Kartli Wind Power Plant LLC by JSC Georgian Energy Development Fund and JSC Georgian Oil and Gas Corporation was published on September 16 and the auction documentation was submitted by nine companies. The initial market price of the company was $ 14, 250,000.
Kartli Wind Power Plant was commissioned in December 2016, its installed capacity was 20.7 MW, an average annual output 84.1 million kWh.