Corporate loans
Customised service to check your EE investment ideas to make sure they will pay back your loans with the energy savings. Free Energy Audit.
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SME equipment loans
Get an equipment loan at a lower interest rate. Choose from our preapproved suppliers and equipment
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Residential loans
Individual loans now available to make your home more efficient. 15% cash back on your investments
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TECHNOLOGIES
Learn more about energy efficiency and renewable energy here.
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top tips
Loans so far MUSD: 10.7 M
Annual energy savings: 233,539 MWh/y
Tons of CO2 reductions: 112,544 t/year
Ensures you get up to date but practical advice to solve your problems. These experts provide free-of-charge technical and economic evaluation services on behalf of the Participating...
three loan product
Corporate customised loans (up to 2.5 MUSD)
SME Equipment loans (up to 200,000 USD)
Residential loans for households (with 15% subsidy)
The team
For further information about energy efficiency, the EBRD credit line, and how to apply, please contact us at: Georgian Energy Efficiency Programme 17, Paliashvili Str Tbilisi 0179 Tel: +995 32 2 22 49 62 Email: office@geep.ge
The key members of the GEEP team are:
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Kyriakos Argyroudis - (Lead Engineer) Kyriakos is in charge of all energy audits carried out by the project. He brings with him extensive experience in energy audits, energy saving techniques, preparation of feasibility studies and financial appraisal of energy efficiency. |
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Sylvia Beamish - (Marketing expert) Sylvia is responsible for planning and implementing the GEEP marketing activities and for coordinating these with the marketing activities of the Participating Banks. |
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Peter Kirkby - (Finance Expert) Peter has over 30 years’ professional experience in finance, and has worked as financial manager of energy operating companies in a number of East European and African countries. He is responsible for bank procedures and financial evaluation of projec |
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George Zurashvili - (Deputy Team Leader) George has over 10 years of general project management experiences. He is in charge of communication with banks and marketing. |
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Murad Kharaishvili- (Local Lead Engineer) has returned from a year of energy management studies in the US to become our Deputy Lead Engineer. Murad was our original local engineer when Energocredit started, and as well as his two years experience with us, has more than 10 years experience with hydropower projects. |
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Ana Mindorashvili - (Residential Banking Coordinator) Ana has more than 10 years experience of working with international projects. She is involved in checking/approval of loan documents, coordination of activities with participant banks and is in charge of other administrative tasks. |
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Tea Nutsubidze - (Project Assistant) Tea has more than 5 years experience working with international companies. She assists everybody in the team but has special responsibility for the newsletter production. |
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George Khmaladze - (Local Engineer) George is a mechanical Engineer and has extensive experience of working in different projects and international organizations. He works on screening loan applications, registration of suppliers and energy audits. |
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George Shikhashvili - (Local Engineer) George is qualified architect has more than and has more than 10 years experience in working with international organizations in the engineering field. He works on screening loan applications, registering suppliers, and energy audit. |


