In January–September 2025, foreign investors invested $139.9 million in the Georgian energy sector, which is 9.3% more than last year. However, the dynamics turned out to be heterogeneous: the third quarter brought an unexpected decline, and the volume of investments collapsed by almost 60% — to $13.9 million year-on-year.
The top ten investors included S.S. Telasi, JSC Georgia-Urban Energy, JSC Tbilisi Energy, JSC Energo-Pro Georgia, JSC Sakorggaz, JSC Dariali Energy, JSC Adjarawater Georgia, AO EP Georgia Generation, AO EP Georgia Supply and Voltares power projects. These companies formed the main inflow of capital into the industry in nine months.
According to preliminary statistics, the total volume of FDI in the Georgian economy for the same period increased by 11%. In the third quarter, the country received $533.2 million in investments, more than double the revised data for last year. The growth is primarily associated with an increase in investments through debt instruments, which ensured a sharp surge in the overall indicator.
