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Projects Database Map: Samarkand Solar

Remarks

EBRD website does not indicate clearly the financing structure. AIIB, World Bank, ADB and EIB appear to be also co-financing, but the information is not clearly detailed

Beneficiary

UZB

Start / End year

2023 - -

Sector

Energy

Sub-sector

Solar

Project description

The provision of long-term senior debt of up to US$ 34.3 million for the development, construction and operation of a solar photovoltaic power plant with an installed capacity of 220 MW on a site located in the Samarkand region of Uzbekistan ("Project"). The Project will be developed by a newly established special purpose vehicle in Uzbekistan, which will act as the borrower for the project financings. Abu Dhabi Future Energy Company PJSC (Masdar) will act as the sponsor for the Project.

Expected Results

-

Project Phases

-

Implementing agency

EBRD, EBRD

Main partner

EBRD

Total budget by main partner

$ 33,437,404

Co-financing

Yes - WB, AIIB, ADB, EIB (tbc)

Budget of co-financing

-

Total budget (original)

$ 194,200,000 (Exchange rate: 0.91861)

Loan budget

$ 185,559,220