Georgian International Energy Corporation
“Georgian International Energy Corporation” is the only company in the country, which owns and operates hydro as well as thermal power station at the same time. The GIEC’s assets include 8 hydroelectric power plants and gas-fired thermal power plants. The total installed capacity of generation of the facilities owned by the GIEC amounts350 MW. From a geographical point of view, the GIEC’s energy facilities are located throughout the territory of Georgia. The company actively uses the country’s unique geographic location and manages trading of electricity with all four neighboring countries of Georgia. In terms of electricity trading the GIEC is the unconditional leader in Georgia. The company manages the operations of trading of the electricity generated from its own energy facilities as well the purchased electricity (export-import-transit).