Georgia Capital completes first stage of disposal of water utility business
LONDON, UK: JSC Georgia Capital is disposing controlling interest in Georgia Global Utilities JSC (GGU) to FCC Aqualia for USD 180 million and the proposed demerger by GGU of its renewable energy business to JSC GCAP. GCAP announced that the disposal, the first stage in the proposed two-stage transaction, has completed today, and the full…