ACWA Power Sazagan Solar 1 LLC

Sazagan I & II PV Solar + BESS Storage Projects - IFC Financing

Borrower(s)
Industry
Area of finance
Project & Infrastructure Finance
Region
Russia CIS
Russia CIS
Countries
Uzbekistan

Project Overview

ACWA Power has received a $240 million Islamic equity bridge loan for the development of projects in Uzbekistan's renewables sector. The financing is structured as a murabaha, comprising an A-Loan of up to $227.75 million and a $12.25 million trust loan through IFC's Managed Co-Lending...

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Deal Volume
$240m
Financial Close
28/06/2024
Dealmakers

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Tranches

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Project Deals

Sazagan I PV Solar + BESS Project
$758m
Greenfield
PV Solar + bat storage
Russia CIS
Russia CIS
Uzbekistan
Sazagan II PV Solar + BESS Project
$1.04bn
Greenfield
PV Solar + bat storage
Russia CIS
Russia CIS
Uzbekistan