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Feri Acquires 25% Stake in Georgia’s EI Energy
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On 4 November, Georgia’s Competition and Consumer Agency confirmed that Feri’s acquisition of a 25% stake in EI Energy was compatible with competition requirements. The stake had been acquired in June, and the company is now a shareholder in the planned 50 MW...
On 4 November, Georgia’s Competition and Consumer Agency confirmed that Feri’s acquisition of a 25% stake in EI Energy was compatible with competition requirements. The stake had been acquired in June, and the company is now a shareholder in the planned 50 MW Marneuli solar power project, targeted for completion in 2027. The transaction price was not disclosed; Feri was fined GEL 17,000 for late notification of the concentration.
The transaction creates opportunities in renewable-energy partnerships, corporate investment and project finance. HPC can support transaction research, financial modelling and investment due diligence.