Partnership Fund Sells the Share of Telasi

The Partnership Fund is announcing a public auction to sell its 24.5% stake in the capital of JSC Telasi.

The starting price for the public auction is $ 10.511 million. The amount of the bat is 50,000 GEL. The price recorded during the auction will be converted into US Dollars at the exchange rate set by the National Bank on the day of the auction announcement.

The public auction was announced on August 10, 2020 and will be held on September 9. Any interested person can get acquainted with the terms of the auction at the following e-mail address: www.eauction.ge.

It should be noted that the winner of the auction will not be able to purchase shares if he / she fails to obtain the consent of the Georgian Energy and Water Regulatory Commission in accordance with the Law of Georgia on Energy and Water Supply.