LTD “Bakuri” is a group with various business activities, including electric power generation in its Machakhela hydro-power plant (HPP). The hydropower plant, located in a 31,497 m2 plot of land, including 306.56 m2 for the HPP building, was re-commissioned in 1995. The company now invested in the replacement of soviet era hydraulic units against modern units with crossflow turbines, a brushless, self-excited synchronous horizontal generator with accessories and improvements in the bearing housing. With the investment, financed with a EU4Business-EBRD Credit Line loan, the maximum output of the turbine and generator is now 2,175kW, and 2,025kW respectively and also the ‘stability’ of power generation was improved. The new design of the bearing housing prevents water leakage into bearings and water contact with lubricants, which significantly reduces any harmful environmental impact. Additional benefits include the efficient use of water resource available for power generation and improvement of working conditions (reduced maintenance needs, lower noise and vibration). After project verification, the company received 15% of the loan amount as a grant cashback, funded under the EU4Business initiative of the European Union.