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Shobak Wind Farm

Sector: Power Generation (CCGT) • Location: Jordan

Source: European Bank for Reconstruction and Development (EBRD)

Project
Repaying

Provision of a senior secured loan of up to USD 52 million to Shobak Wind Energy PSC to finance the construction of a 45 MW wind farm (the Project) in Jordan near the Shobak town municipality, 46 km northwest of Ma’an, and 160 km south of Amman. Shobak Wind Energy PSC is a special purpose vehicle incorporated in Jordan for the sole purpose of developing, constructing and operating the Project. It

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The project “Shobak Wind Farm” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Jordan. Taiyo aggregates data on it from European Bank for Reconstruction and Development (EBRD).

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Description

Description

Provision of a senior secured loan of up to USD 52 million to Shobak Wind Energy PSC to finance the construction of a 45 MW wind farm (the Project) in Jordan near the Shobak town municipality, 46 km northwest of Ma’an, and 160 km south of Amman. Shobak Wind Energy PSC is a special purpose vehicle incorporated in Jordan for the sole purpose of developing, constructing and operating the Project. It is majority owned by Alcazar Energy Partners, a Dubai-based independent developer and power producer active in the Middle East, Africa and Turkey. Alcazar is owned, amongst others, by IFC, IFC Catalyst Fund, Mubadala Infrastructure Partners, Alcazar Projects and DASH Ventures.The Project will support Jordan in increasing its electricity generation capacity from clean, renewable sources and reducing reliance on hydrocarbon imports. There is a Project Summary Document available for this project. ESAP: English | Arabic ESIA: English | Arabic NTS: English | Arabic SEP: English | Arabic Full ESIA documentation is available locally at: Shobak Wind Energy PSC Anshasi Building, Sate Husari Street Shmeisani PO Box 3064 Hashemite Kingdom of Jordan Environmental and social enquiries Alcazar Energy Partners Suite 802-803, South tower Emirates Financial towers, DIFC P.O. Box 507122 Dubai, United Arab Emirates And Samer Bulos Development Manager – Jordan | Alcazar Energy   T: +962 (0) 6 4614005 Office Address: No. 7, Dhirar Bin Al-Azwar Street, Jabal Al-Luweibdeh Amman, Jordan sbulos@alcazarenergy.com l www.alcazarenergy.com And Website

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