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Krasnodarskaya CHP Plant Modernization

Sector: Natural Gas • Location: Russian Federation

Source: World Bank Group

Project
Active

The project entails the modernization of Krasnodarskaya CHP plant in Krasnodar Krai, Russia. The capacity of the facility is 585 MW. The $179 million debt will be used by Lukoil, sponsor of the project, to expand the facility. Debt providers are Gazprombank and Alpha Bank, which provided $119 and $60 million, respectively. Equity amount is unknown. Financial close took place on December 15th, 2020

Status
Prospective
Sector
Natural Gas, Power Generation (CCGT), Government
Location
Russia
Updated
22 Jul 2026
Source
World Bank Group

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Project Information

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The project “Krasnodarskaya CHP Plant Modernization” is an infrastructure initiative in the Natural Gas sector, located in Russian Federation. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The project entails the modernization of Krasnodarskaya CHP plant in Krasnodar Krai, Russia. The capacity of the facility is 585 MW. The $179 million debt will be used by Lukoil, sponsor of the project, to expand the facility. Debt providers are Gazprombank and Alpha Bank, which provided $119 and $60 million, respectively. Equity amount is unknown. Financial close took place on December 15th, 2020. https://ijglobal.com/data/transaction/54570/krasnodarskaya-chp-plant-585mw-modernization, https://www.gazprombank.ru/press/6224831/

Original sector

Energy

Budget

Location

Country

Russia

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Natural Gas, Power Generation (CCGT), Government

Article published date

2024-09-21

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