Caucasus Energy & Infrastructure (CEI) is a joint stock company organised in compliance with the Georgian legislation. CEI holds a mandate to invest in Transcaucasian companies engaged in the production, transmission and distribution of gas and electricity.
CEI raised USD 50 million from institutional investors in its IPO in February 2008. The offering was the largest ever in Georgia amounting to 0.5% of the country’s GDP. The shares were subscribed by several financial institutions with a wide geographical distribution including Kairos, Firebird and East Capital.
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