What is the latest status of the project “Gori Wind Farm Privatization”?

The status recorded for “Gori Wind Farm Privatization” is active.

Who are the main government, EPC, and private stakeholders for “Gori Wind Farm Privatization”?

Taiyo maps the stakeholders of “Gori Wind Farm Privatization”: government bodies (World Bank Group).

What is the budget and commercial profile for the project “Gori Wind Farm Privatization”?

Taiyo normalizes the budget of “Gori Wind Farm Privatization” to USD 14400000.

Where can I verify the source and access all details for “Gori Wind Farm Privatization”?

This Taiyo project page references World Bank Group along with the original URL (https://ppi.worldbank.org/en/snapshots/project/gori-wind-farm-privatization-10594). Taiyo standardizes official data into a consistent, searchable project profile.

Gori Wind Farm Privatization

Sector: Oil and Gas • Location: Georgia

Source: World Bank Group

Project

Active

The project involves the privatization of 20.7MW Gori wind farm located 70KM west of the capital Tbilsi, and 6KM north of Gori, Georgia. Georgia Capital acquired the asset for $14.4 million after winning a public auction. The project SPV Qartli Windfarm is owned by Georgian Energy Development Fund (GEDF with 50.1%), a state-owned company established to develop renewable projects in Georgia, and Ge

Status: Prospective
Sector: Oil and Gas, Wind, Power Generation (CCGT), Raw Materials, Government
Location: Georgia
Updated: 22 Jul 2026
Source: World Bank Group

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Project Information

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The project “Gori Wind Farm Privatization” is an infrastructure initiative in the Oil and Gas sector, located in Georgia. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status	active
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	The project involves the privatization of 20.7MW Gori wind farm located 70KM west of the capital Tbilsi, and 6KM north of Gori, Georgia. Georgia Capital acquired the asset for $14.4 million after winning a public auction. The project SPV Qartli Windfarm is owned by Georgian Energy Development Fund (GEDF with 50.1%), a state-owned company established to develop renewable projects in Georgia, and Georgian Oil and Gas Corporation (49.9%). The transaction close in November 2019. The farm is operational since 2016. https://ijglobal.com/articles/144023/georgian-wind-farm-sold-to-private-investor https://ijglobal.com/data/transaction/47209/privatisation-of-gori-wind-farm-207mw
Original sector	Energy
Budget

Location

Country

Georgia

Source

Source	World Bank Group
URL

More Details

Record type	Project
Sector	Oil and Gas, Wind, Power Generation (CCGT), Raw Materials, Government
Article published date	2024-05-30

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Gori Wind Farm Privatization

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