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Loan: Nur Samarkand Solar PV, B, 04.2023 (1)

Borrower

Profile
Nur Samarkand Solar PV is an Uzbek Project SPV fully owned by Masdar. Established to implement a 220 MW solar photovoltaic plant project in Samarkand region. Uzbekistan's new energy policy emphasizes the deployment of renewable energy, encouraged by early achievements to invite private sector investments in multiple large solar and wind power projects, the government is currently working on increasing the solar capacity to 5 GW and wind capacity to 7 GW. This project is expected to establish bankable precedents intended to catalyze further private sector participation in Uzbekistan's renewable energy sector.
  • Borrower
  • Sector
    corporate
  • Full borrower name
    "Nur Samarkand Solar PV" Foreign Enterprise Limited Liability Company
  • Industry
    Power

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Loan information

  • Country
    ***
  • Status
    Granted
  • Type
    ***
  • View
    ***
  • Volume
    12,500,000 USD
  • Signing
    April 2023
  • Purpose of the loan
    ***
  • Loan specifics
    Interim loan, Islamic loan, With the participation of an international organization, Subordinated loan, Club credit, Multicurrency loan, Amortized loan, Deal with ECA, ESG
  • senior loan
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  • Settlement rate, %
    ***
  • Loan extension
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  • Increase in loan amount
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  • Data for additional tranche
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  • Purpose of the loan (more)
    ***
  • Changing the terms of the loan
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  • Security and guarantees
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  • Additional Information
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  • Leading bookrunners
    ***
  • Other members of the syndicate
    ***
  • Shares and remuneration
    ***
  • Investment banks and other agents
    ***

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