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JSC Georgia Capital

ADB to invest nearly $40 mln in green bonds to upgrade water, sanitation in Georgia

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The FINANCIAL — The Asian Development Bank (ADB) announced an investment of up to $20 million in green bonds to be issued by Georgia Global Utilities JSC (GGU), with proceeds to upgrade water supply and sanitation in Tbilisi and nearby municipalities, and to refinance debt of renewable energy and water operations. ADB will also administer a further…