
A NEOS GROUP COMPANY
Transform Utility Performance. Deliver Measurable Results.





Meet the Team
Our team brings decades of experience working with state-owned and privately operated utilities across emerging and developed markets, delivering practical, implementable turnaround and modernization programs that reduce losses, improve service quality, strengthen financial sustainability, and restore stakeholder confidence.

Non Executive Director
David Sharashenidze
David specializes in utility turnaround, performance improvement, and managing complex organizational change across the energy and utilities sectors. He has led major transformation and infrastructure advisory engagements across the Middle East, Europe, Asia, and Africa, covering project development, due diligence, and implementation. He is the Managing Partner at NEOS, and holds advanced degrees in energy management, business law, and organizational leadership.

Partner
Dr. Mamuka Kikalishvili
Mamuka is a senior utility executive specializing in performance turnaround and operational transformation across electricity, water, and gas utilities. He has led large-scale organizational and operational improvement programs for assets owned by major infrastructure groups, including AES Corporation and KazTransGas, delivering measurable performance outcomes. He holds a Ph.D. in Electrical Engineering and brings deep technical and executive leadership experience to complex utility transformation assignments.

Partner
Sergo Gviniashvili
Sergo is a senior utility executive and advisor specializing in performance improvement and turnaround across electricity, gas, and multi-utility environments. He has served in C-level roles, including Chief Financial Officer, and led transformation strategies and performance improvement programs across Europe, Asia, and Africa, bringing deep operational and financial leadership to complex utility assignments. He has also served as the advisor for a state-owned energy security provider. Sergo holds a degree in finance.

Senior Director
George Tskhadadze
George is a senior utility executive and turnaround specialist with deep experience in business strategy, operational execution, financial modeling, and performance improvement. He has served as Chief Executive Officer of a water utility and led electric utility turnaround programs, acting as a crisis manager to restructure organizations, reduce losses, increase revenues, and stabilize operations. His work combines hands-on leadership with disciplined project management to deliver measurable outcomes.

Senior Director
Ucha Uchaneishvili
Ucha is a senior power system executive and utility operations leader specializing in transmission system operations, system planning, and performance improvement. He has held executive and board-level roles at national power system operators and utilities, leading grid operations, market readiness, energy balancing, system rehabilitation, and regulatory coordination across complex power systems. He is a qualified electrical engineer with decades of hands-on experience.

Director
Giorgi Lomidze
Giorgi is a utility performance improvement specialist with deep hands-on experience across the full commercial cycle of electricity distribution utilities. He has led loss reduction, revenue protection, metering, and customer service transformation initiatives for utilities in Europe, Africa and Asia, combining analytical rigor with practical operational leadership. His background spans commercial operations, planning, and infrastructure project delivery.

Director
Tekla Natsarishvili
Tekla is a utility finance and performance improvement specialist with experience across electricity and water utilities, focusing on strategic planning, commercial optimization, and institutional strengthening. She has supported utility transformation programs through financial analysis, tariff and investment planning, donor coordination, and implementation of performance-focused initiatives in emerging markets. Her work bridges strategic finance and practical execution, supporting utilities in improving sustainability, governance, and operational outcomes.

Director
Vato Khavtasi
Vato is a utility performance improvement and regulatory specialist with experience across electricity and gas utilities, government institutions, and infrastructure development programs. He has led regional turnaround initiatives across Europe, Asia and Africa, supported sector-wide planning and reform, and managed complex stakeholder environments. Trained as a lawyer with an MBA, he brings strong regulatory, commercial, and analytical capabilities to utility transformation assignments.

Director
Ekaterina Tikaradze
Ekaterina is a senior utility operations manager with extensive experience in customer service, billing, and commercial performance improvement. She has managed large service centers and regional operations, leading process redesign, customer engagement improvements, and revenue protection initiatives. Her work is characterized by a strong execution focus and practical implementation of utility reforms.

Director
Levan Dograshvili
Levan is a utility operations and health & safety leader specializing in performance improvement, loss reduction, and operational risk management. He has led turnaround efforts across electricity and water utilities and brings deep experience in network operations and HSE transformation. He is a NEBOSH- and IOSH-certified practitioner, supporting safe and reliable utility operations.
Latest Insights
Who We Are
We are a specialized advisory firm within the NEOS Group, focused on improving the operational, financial, and institutional performance of utilities:
-
Electricity Generation, Transmission & Distribution
-
Water and Wastewater Treatment and Distribution
-
Gas Utilities
-
District Heating
We support the full performance improvement lifecycle—from diagnostics and strategy to implementation and capability building—combining rigorous analysis with hands-on operational leadership.
Our team delivers practical turnaround and modernization programs that reduce losses, strengthen financial sustainability, and restore service quality and stakeholder confidence across utilities in emerging and developed markets.






Projects
A Consistent Record of Successful Utility Turnarounds
Across electricity, water, gas, and heat utilities, our team consistently delivered successful performance turnarounds—stabilizing operations, significantly reducing losses, strengthening revenue and financial sustainability, restoring service reliability, and rebuilding institutional capacity in complex operating environments.
What Clients Say
01
Private Investor – Electricity Utility
The team rapidly reduced losses, stabilized operations, and restored investor confidence through disciplined, hands-on execution.
02
Municipality – Water Utility
The team delivered a significant reduction in NRW while improving service reliability, operational efficiency, and financial discipline.
03
Government Agency - Gas Utility
The management team achieved a rapid decrease in losses and strengthened revenue control within a complex public-sector environment.






























