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Guzar Solar

Sector: Solar • Location: Uzbekistan

Source: European Bank for Reconstruction and Development (EBRD)

Project
Exploratory

The provision of long-term senior debt of up to US$ 91.0 million to finance the development, construction and operation of a solar photovoltaic power plant with a capacity of 300 MW and a battery energy storage system with 75 MW installed capacity in the Guzar district of Kashkadarya region of Uzbekistan.The financing will be provided to Nur Kashkadarya Solar PV FE LLC, a special purpose vehicle (

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The project “Guzar Solar” is an infrastructure initiative in the Solar 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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exploratory

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Description

Description

The provision of long-term senior debt of up to US$ 91.0 million to finance the development, construction and operation of a solar photovoltaic power plant with a capacity of 300 MW and a battery energy storage system with 75 MW installed capacity in the Guzar district of Kashkadarya region of Uzbekistan.The financing will be provided to Nur Kashkadarya Solar PV FE LLC, a special purpose vehicle (the borrower) established in Uzbekistan and fully owned by Abu Dhabi Future Energy Company PJSC (the sponsor, Masdar). The EBRD is also mobilising concessional finance of up to US$ 20 million under the EBRD's High Impact Partnership on Climate Action (HIPCA).

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Source reliability

High

Data quality score

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Source

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URL

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