Deal #9542

Uzbekistan
Created at
2022-07-18
Last update
2024-09-13
Last full update
2024-05-20

Operating Company

Operating company
Actors involved in the negotiation / admission process
  • Madsar Intermediary
  • Ministry of Energy Government / state institutions (government, ministries, departments, agencies etc.)
Name of investment project
Zarafshan Wind Farm
Comment on investment chain
In June 2020, Masdar signed an agreement with the Ministry of Investments and Foreign Trade of the Republic of Uzbekistan and JSC National Electric Grid of Uzbekistan to design, finance, build and operate a 500-megawatt (MW) utility-scale wind farm project. This is the first large-scale wind farm project (500MW) in Uzbekistan in which both construction and operation are to be carried out by a private company. The Borrower's sponsor, Abu Dhabi Future Energy Company PJSC - Masdar, is one of the largest developers of renewable energy projects in the Middle East. [source: JICA]
Network of parent companies and tertiary investors/lenders
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