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Taza Onshore Wind Power Generation Project

Sector: Commercial • Location: Fès-Meknès, Morocco

Source: World Bank Group

Project
Active

The project entails the construction of a 87.21 MW wind farm in Taza, northern Morocco. SPV is Parc Eolien de Taza SA, a wholly owned subsidiary of the sponsor Mitsui & Co (40%) and EDF (60%).

Financing for the project is secured by the bilateral bank JBIC ($52.2 million) and three commercial banks Sumitomo Mitsui Banking Corporation, MUFG Bank, Ltd, Banque Marocaine du Commerce Extérieur that p

Status
Prospective
Sector
Commercial, Wind, Power Generation (CCGT), Raw Materials, Residential, Government
Location
Fès-Meknès, Morocco
Updated
22 Jul 2026
Source
World Bank Group

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The project “Taza Onshore Wind Power Generation Project” is an infrastructure initiative in the Commercial sector, located in Fès-Meknès, Morocco. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Company

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 construction of a 87.21 MW wind farm in Taza, northern Morocco. SPV is Parc Eolien de Taza SA, a wholly owned subsidiary of the sponsor Mitsui & Co (40%) and EDF (60%). Financing for the project is secured by the bilateral bank JBIC ($52.2 million) and three commercial banks Sumitomo Mitsui Banking Corporation, MUFG Bank, Ltd, Banque Marocaine du Commerce Extérieur that provides a total of $ 80.75 million. It is a BOOT concession project with a 20-year off take agreement. Nippon Export and Investment Insurance (NEXI) is providing insurance for the portion provided by the two Japanese commercial banks on the deal. Energy from the site will be sold to the Office National de L'Électricité et de L’Eau Potable (ONEE) over a 20-year power purchase agreement. Financial close took place in September 2020. https://ijglobal.com/data/transaction/25338/taza-wind-farm-phase-i-87mw https://www.jbic.go.jp/en/information/press/press-2019/1223-012972.html

Original sector

Energy

Procurement method

Budget

Location

Country

Morocco

State

Fès-Meknès

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Commercial, Wind, Power Generation (CCGT), Raw Materials, Residential, Government

Article published date

2024-05-23

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