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Sazagan-1 Solar PV and BESS

Sector: Road • Location: Uzbekistan

Source: European Bank for Reconstruction and Development (EBRD)

Project
Exploratory

Senior secured loan of up to USD 70 million to ACWA Power Sazagan Solar 1 LLC (the “Sazagan 1 SPV”). The Loan to the Sazagan 1 SPV will finance the development, design, construction and operation of a 500MW solar photovoltaic power plant and 501MWh battery energy storage systems (“BESS”) located in the Samarkand region in Uzbekistan. This is a landmark project for Uzbekistan as it introduces a 501

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The project “Sazagan-1 Solar PV and BESS” is an infrastructure initiative in the Road sector, located in Uzbekistan. Taiyo aggregates data on it from European Bank for Reconstruction and Development (EBRD).

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exploratory

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Description

Description

Senior secured loan of up to USD 70 million to ACWA Power Sazagan Solar 1 LLC (the “Sazagan 1 SPV”). The Loan to the Sazagan 1 SPV will finance the development, design, construction and operation of a 500MW solar photovoltaic power plant and 501MWh battery energy storage systems (“BESS”) located in the Samarkand region in Uzbekistan. This is a landmark project for Uzbekistan as it introduces a 501MWh of BESS capacity, which helps the grid to mitigate the intermittency of renewables. The Project is expected to result in significant environmental benefits through introduction of 500MW of new renewable energy capacity corresponding to a reduction of CO2 emissions. Non-Technical Summary (NTS) – EN, RU and UZ Environmental and Social Impact Assessment including outline BAP (ESIA) – EN Critical Habitat Assessment (CHA) - EN Stakeholder Engagement Plan (SEP) – EN, RU and UZ Land Acquisition and Livelihood Restoration Plan (LALRP) – EN and UZ Environmental and Social Action Plan (ESAP) – EN Download zip package in English part I Download zip package in English part II Download zip package in English part III Download zip package in Uzbek Download zip package in Russian EBRD Resident Office in Tashkent 13th floor, Banking Association of Uzbekistan 1, Qoratosh Street, 100027, Tashkent, Uzbekistan Tel. +99 (8781) 404400 and Client website Farman Ahmed Khan Lodhi ACWA Power Uzbekistan Office, Business Center SIMURG 88a Amir Temur Avenue, Yunusabad District, 100084, Tashkent, Uzbekistan Tel. +99 (8900) 116155 e-mail: flodhi@acwapower.com

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