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ACWA EBL

Sector: Water Supply and Storage • Location: Uzbekistan

Source: International Finance Corporation (IFC)

Project
Active

The proposed investment involves providing an Equity Bridge Loan (“EBL”) facility for the development and operation of 1 Gigawatt (GW) of Solar Photovoltaic (PV) and 1 GWh Battery Energy Storage System (BESS) and associated interconnection facilities in Uzbekistan (the “Project”). The Project will comprise of two subprojects, each up to 500MW Solar PV and up to 500 MWh BESS each in the Samarkand a

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The project “ACWA EBL” is an infrastructure initiative in the Water Supply and Storage sector, located in Uzbekistan. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

active

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Description

Description

The proposed investment involves providing an Equity Bridge Loan (“EBL”) facility for the development and operation of 1 Gigawatt (GW) of Solar Photovoltaic (PV) and 1 GWh Battery Energy Storage System (BESS) and associated interconnection facilities in Uzbekistan (the “Project”). The Project will comprise of two subprojects, each up to 500MW Solar PV and up to 500 MWh BESS each in the Samarkand and Bukhara regions. The Project will be undertaken by two limited liability companies established in Uzbekistan and owned by ACWA Power International. The electricity generated from the two projects will be sold to Uzbekistan’s state-owned electricity utility, JSC National Electric Grid of Uzbekistan (“NEGU”) under a 25-year power purchase agreement, including a 10-year BESS term.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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