Aqualia's shareholders, representatives of the world's leading investment fund IFM, along with FCC Aqualia CEO Félix Parra and GGU Group CEO Jose Miguel Santos Gonzalez visited the infrastructure facilities of the Aqualia-owned GVP and, together with the local management, discussed the investments planned for the improvement of Tbilisi's water supply.
Aqualia is the largest European investor in Georgia, having invested $180 million in 2022 and acquired the Georgian Water and Power. Aqualia is the world's best water management company, the shareholders of which are the largest international companies FCC (51%) and IFM (49%). It should be noted that immediately after the entry of a new investor into the company, an unprecedented study of the state of the system and an in-depth audit began. On the basis of a full-scale study of the system conducted, an action plan for the full-scale rehabilitation and works of Tbilisi water supply is being prepared. As part of the visit, Aqualia CEO Félix Parra and IFM investors met with the Minister of Economy and Sustainable Development of Georgia, Levan Davitashvili, and discussed the importance of the large investment made in the field of water supply for the country and the possibilities of further cooperation.
Georgian Water and Power plans to significantly increase investments in Tbilisi's water supply infrastructure in the near future.
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