Green Watts Renewable Energy (GWRE) #43509

Created at
2021-05-17
Last update
2021-05-30

Involvements (4)

Name
Proparco
Country of registration/origin
France
Classification
Investment fund

Relationship
Tertiary investor/lender
Investment type
Debt financing
Loan amount
50 000 000
Loan date
2016-10-20
Comment
https://www.proparco.fr/en/carte-des-projets/green-watts
Name
KfW Bankengruppe
Country of registration/origin
Germany
Classification
Bilateral Development Bank / Development Finance Institution

Relationship
Tertiary investor/lender
Investment type
Debt financing
Loan amount
19 400 000
Loan date
2016
Comment
The EBRD loan will be accompanied by parallel loans of US$ 50 million from Proparco (Société de Promotion et de Participation pour la Coopération Economique S.A.) and US$ 19.4 million from DEG-Deutsche Investitions- und Entwicklungsgesellschaft mbH (German Investment and Development Corporation).
Name
Alcazar Energy
Country of registration/origin
United Arab Emirates
Classification
Private company

Relationship
Parent company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Ownership share
100 %
ID
Name
EBRD (European Bank of Reconstruction and Development)
Country of registration/origin
United Kingdom of Great Britain and Northern Ireland
Classification
Other

Relationship
Tertiary investor/lender
Investment type
Debt financing
Loan amount
70 000 000
Loan date
2016
Comment
The European Bank for Reconstruction and Development (EBRD) is providing a loan of US$ 70 million to Green Watts Renewable Energy LLC*, for the construction of an 86 MW wind power plant in the Ma'an governorate of southern Jordan. (ebrd.com/news/2016/ebrd-finances-wind-power-plant-in-jordan.html)

Deals (Involvements as Operating company) (1)

ID
Target country
Jordan
Intention of investment
Wind farm
Current negotiation status
Concluded (Contract signed)
Current implementation status
In operation (production)
Deal size
760 ha