Projects Database Map: Uzbekistan Karakalpakstan WPP
Remarks
Cofinancing KfW not confirmed yet
Beneficiary
UZB
Start / End year
2023 - -
Sector
Energy
Sub-sector
Wind Power
Project description
The provision of long-term senior debt of up to USD 19.3 million for the development, construction and operation of a wind power plant with an installed capacity of 100 MW on a site in the Karatau mountain region in the Qorao'zak District of Karakalpakstan, Republic of Uzbekistan. The Project will be developed by a newly established special purpose vehicle in Uzbekistan, which will act as the borrower for the project financing. The ACWA Power Company of Saudi Arabia (ACWA Power) will act as the sponsor for the project.
Expected Results
-
Project Phases
-
Implementing agency
EBRD, EBRD
Main partner
EBRD
Total budget by main partner
$ 17,729,173
Co-financing
Yes - KfW
Budget of co-financing
-
Total budget (original)
$ 118,100,000 (Exchange rate: 0.91861)
Loan budget
$ 108,487,841