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Lakeside Energy Wind Farm

Sector: Wind • Location: Pakistan

Source: World Bank Group

Project
Active

The project involves the development, construction and operation of 50MW Lakeside Energy Wind Farm, located in Jhimpir, Sindh province, Pakistan. The project SPV is Lakeside Energy Pvt Ltd. Naveena Exports Ltd and Alkaram Textile Mills Pvt Ltd are the sponsors with equal stakes. The project cost is $ 63.9 million with debt and equity contributions of $51.1 million and $12.8 million, respectively.

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The project “Lakeside Energy Wind Farm” is an infrastructure initiative in the Wind sector, located in Pakistan. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The project involves the development, construction and operation of 50MW Lakeside Energy Wind Farm, located in Jhimpir, Sindh province, Pakistan. The project SPV is Lakeside Energy Pvt Ltd. Naveena Exports Ltd and Alkaram Textile Mills Pvt Ltd are the sponsors with equal stakes. The project cost is $ 63.9 million with debt and equity contributions of $51.1 million and $12.8 million, respectively. Faysal Bank and FMO are providing equal amounts of the debt financing. The transaction closed in 30 November 2019. https://nepra.org.pk/tariff/Tariff/Petitions/2019/December/Petitions%20of%20Modifications/Lakeside%20Energy%20Pvt%20Ltd%20-%20WP.PDF https://www.fmo.nl/project-detail/56908 https://ijglobal.com/articles/144508/ifcs-super-six-wind-pakistan

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High

Data quality score

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