Capstan Capital advised Anaklia Development Consortium on project financing for fifth major Black Sea port.
Our firm’s senior adviser John Kornblum is credited for playing an important role in the first peaceful transfer of power in recent Georgian history. He is also a great advocate for the country’s growth potential on the back of major infrastructure investment. It is in this context that Capstan Capital became one of the advisors to Anaklia Development Consortium to seek additional investment for a major container port from foreign private groups. As the country’s biggest infrastructure project repeatedly hits stalemates, infrastructure funds become hesitant while corporate multinationals seem to have more vigour. Georgia’s other four ports are nowadays all controlled by foreign blue chip companies, such as BP and Maersk.