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Celest BESS

Sector: Seaport • Location: Uzbekistan

Source: European Bank for Reconstruction and Development (EBRD)

Project
Approved

The provision of a senior loan of up to USD 67.6 million, including an EU-backed guarantee under the EFSD+ HI-BAR program covering a USD 23.9 million tranche.  The EBRD is expected to mobilise concessional finance from the Japan-EBRD Cooperation Fund.  The financing will support the development, construction and operation of a 150 MW / 300 MWh battery energy storage system (BESS) located in Tashke

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Project Information

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The project “Celest BESS” is an infrastructure initiative in the Seaport sector, located in Uzbekistan. Taiyo aggregates data on it from European Bank for Reconstruction and Development (EBRD).

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Participants

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Status

Original status

approved

Taiyo status

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Description

Description

The provision of a senior loan of up to USD 67.6 million, including an EU-backed guarantee under the EFSD+ HI-BAR program covering a USD 23.9 million tranche.  The EBRD is expected to mobilise concessional finance from the Japan-EBRD Cooperation Fund.  The financing will support the development, construction and operation of a 150 MW / 300 MWh battery energy storage system (BESS) located in Tashkent, Uzbekistan (the "Project").  Celest FE LLC, a special purpose vehicle established in Uzbekistan, will be the Borrower.  AMEA Power will act as the Sponsor for the Project.

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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