In the framework of project E-FIX (“Developing and transferring an innovative Energy FInancing miX in order to activate private sector finance for increased investments in sustainable energy projects”) Caucasus School of Business and Vakhtang Berishvili, professor of MBA Corporate Finance course, hosted guest lecturers from Georgian Leasing Company (GLC). George Jgharkava, Deputy Director of GLC, conducted a lecture on Wednesday, April 22, and Eldar Akhvlediani, Director of GLC, on Monday, April 27. Lectures were held online using Zoom. More than 30 MBA students attended the lectures.
Speakers talked about financial leasing as an alternative financing mechanism. They provided information about the company, introduced products, and explained the advantages of leasing. They presented the E-FIX project and E-leasing – the product that supports the leasing of energy-efficient equipment.
After the lecture, students asked questions about Leasing Market in Georgia and in the World. Also, problems caused by COVID19, taxation issues, interest rates, opportunities of energy-efficient equipment, and renewable energy projects.
The E-FIX project aims at triggering private finance for sustainable energy projects using innovative financing mechanisms, to be specific: credit lines for energy performance contracting (EPC), crowdfunding models and leasing models for energy efficiency and renewable energy projects.