US company Cerberus Frontier will construct a small hydropower plant, to be named Bakhvi 1, in Guria.

“The activities of Cerberus Frontier in Georgia are very important for us, as it develops several small hydropower plants and has a very interesting portfolio..this is a new investment in green energy at a time when the whole world, including Georgia, is fighting against COVID-19. This is another successful example of our economic cooperation with an American company”, - said the Minister of Economy Natia Turnava.

The construction cost is USD 27 million and the construction period is three years. The new project will create 50 jobs in Georgia.