ACWA Kirikkale

active

This Summary of Investment Information (“SII”) is an update to the initial SII of Farcan ACWA Project (ID: 32503), disclosed on July 30th, 2012. IFC received its board approval on October 18, 2012, to provide an A Loan of up to USD125 million and a B Loan of up to USD75 million to a greenfield approximately 835 MW combined cycle natural gas fired power plant (“CCGT”) investment located 50 km east of Ankara, near the city of Kirikkale, Turkey. The financing documents were signed on December 28, 2012.After the signing, International Company for Water and Power Projects (“ACWA Power”) decided to develop the project on its own, as the sole sponsor, under a new generation license issued to Acwa Guc Elektrik Isletme ve Yonetim Sanayi ve Ticaret Anonim Sirketi (“ACWA Guc” or the “Company”) with an installed capacity up to about 928 MW (net) on a new location that is close to the previously planned location (the “Project”).