Water Utility

Our Water Utility is a regulated monopoly in Tbilisi and the surrounding area, where it provides water and wastewater services to 1.4 million residents representing more than one-third of Georgia’s population and c. 38,000 legal entities. Water Utility also operates hydro power plants with total installed capacity of 149 MW.
In December 2021, Georgia Capital announced a sale of an 80% stake in water utility business to FCC Aqualia for a cash consideration of US$ 180 million. GCAP now holds a 20% economic interest in Water Utility through its 35% stake in JSC Georgia Global Utilities (GGU), the holding company of GCAP’s water utility business and operational renewable energy assets.
See more details on the disposal: https://georgiacapital.ge/ir/water-utility-disposal