EBRD to help finance construction of 100 MW wind project in Kazakhstan

The European Bank for Reconstruction and Development (EBRD) will provide $24.8 million of funding to support the development of a 100 MW wind project in Zhanatas, Kazakhstan. Further, the Asian Infrastructure Investment Bank will lend $34.3 million, the Industrial and Commercial Bank of China will lend $13.3 million, and the Green Climate Fund will provide a concessional loan of up to $22.9 million. The Zhanatas Wind Power Station, a special project company run and owned by China Power International Holding and Visor Investments Cooperatif, will construct and operate the wind plant and  also build an 8.6 km single-circuit line of 110 kV, connecting the facility to the national grid.

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