The first full-scale wind farm in Georgia has reached financial close, according to the lenders’ technical advisor for the project Mott MacDonald.
The 20.7MW Gori onshore wind farm – worth $34M (£27.3M) – is roughly 70km west of Tbilisi and marks a first for the country.
Expected to be fully operational by the end of this year, it will include six Vestas V117 wind turbines. Each turbine has a 3.45MW capacity and a tip height of 150m. The turbines will be connected to the national power grid at an existing 220kV substation near the city of Gori.
Engineering consultancy Mott MacDonald has been working on the scheme since mid-2015.
“This project sets an important precedent for development in the region,” said Mott MacDonald’s project manager Jon Campbell-Copp.
“Working closely with the project sponsor and lenders, we were able to develop solutions to mitigate potential challenges encountered during the financing and construction stages.”