EBRD, ADB and IFC to Provide Financing for a 100 MW Nur Navoi Solar (PV) Photovoltaic Power Plant in Uzbekistan
/24th December 2020, EBRD, RENEWABLE MARKET WATCHTM/ The European Bank for Reconstruction and Development (EBRD) shall provide financing for a 100 MW solar photovoltaic (PV) power plant in Uzbekistan. The plant is located in the Navoi region and is one of the first renewable energy projects in this country realised by the private investors. The engagement of the EBRD is providing an equity bridge loan of up to US$ 60 million to Nur Navoi Solar Holding for the construction and operation of the plant. The loan will allow the project investors Masdar, owned…
