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Multicountry: ACWA Power Sustainable Energy Development Capital Facility

Sector: Wind • Location: Multicountry

Source: Asian Infrastructure Investment Bank (AIIB)

Project
Proposed

The project involves providing a development capital facility (the facility) for development and operation of 1,500 MW of wind power plant and 300 MWh Battery Energy Storage System (BESS) and associated interconnection Purchaser Electrical Facilities (PEF) in Uzbekistan. The Project will be located in Karakalpakstan region in northwestern Uzbekistan. The Project will be undertaken by a Special Pu

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Project Information

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The project “Multicountry: ACWA Power Sustainable Energy Development Capital Facility” is an infrastructure initiative in the Wind sector, located in Multicountry. Taiyo aggregates data on it from Asian Infrastructure Investment Bank (AIIB).

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Participants

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proposed

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Description

Description

The project involves providing a development capital facility (the facility) for development and operation of 1,500 MW of wind power plant and 300 MWh Battery Energy Storage System (BESS) and associated interconnection Purchaser Electrical Facilities (PEF) in Uzbekistan. The Project will be located in Karakalpakstan region in northwestern Uzbekistan. The Project will be undertaken by a Special Purpose Vehicle (SPV) company established in Uzbekistan and majority owned by ACWA Power Company, Saudi Listed Joint Stock Company. A 25-year PPA has been directly negotiated and signed on December 23, 2022, with JSC National Electric Grid of Uzbekistan (NEGU) as the offtaker.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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