BGEO Investment prepares its businesses for IPO. Chairman and Chief executive officer, Irakli Gilauri says that company continues investing in energy field.
“GGU is our fourth company to be listed on London Stock Exchange, company will continue to invest in energy sector, we look positively towards energy direction, he says.
IPO offer of Georgia Global Utilities will happen in 2-3 years from now. GGU owns energy and municipal assets in Georgia. Including Georgian Water and Power, Rustavi and Mtskheta water.
Investment group BGEO, plans to continue function as two independent company. One is Bank of Georgia Group and the second one BGEO Investments.