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Georgia's hydropower revolution far from rosy for communities, the environment and the economy.

For Shuakhevi as with other large dams recently built or planned in Georgia, it all adds up for western planners and financiers. The final bill for the Georgian population and environment, though, is still a long way from being finalised.

The latest chapter in Georgia's hydro power revolution was concluded recently with the securing of a financing deal for the 185 MW Shuakhevi hydro power plant (HPP) involving a trio of international development banks – the European Bank for Reconstruction and Development, the Asian Development Bank and two World Bank arms, the International Finance Corporation and the Multilateral Investment Guarantee Agency. This USD 250 million funding package seeks to release Georgia’s untapped hydropower potential and is one in a series of international investments that have been pitched as vital contributions to Georgia's national energy security and economic development.