Adjara
Norwegian company to invest $960 million in Georgian hydropower
Norwegian hydropower company Clean Energy Invest will invest 8 billion kroner ($960 million) in a hydropower plant project (HPP) in Georgia, Norwegian newspaper Dagens Næringsliv reported. ‘This will be the biggest HPP ever built by a Norwegian company outside of Norway’, the company’s administrative director Bjørn Brandtzæg told journalists about the bid which was won last week. According to the newspaper, approximately 1.5 billion kroner ($180 million) will come from investors, while t
