| Element List | Explanation |
|---|---|
| Introduction | ACWA POWER Co. announces. the signing of the financing documents for the 200MW PV and 500MWh Battery Storage Riverside Tashkent Power Plant in Tashkent region, Uzbekistan. The total investment amount is SAR 2 billion. ACWA Power Riverside Solar Holding Company signs the financing agreements as the project company, where ACWA Power’s effective shareholding is 100%. |
| Date of obtaining the funding | 2024-07-01 Corresponding to 1445-12-25 |
| Financing entity | A consortium of Development Finance Institutions, Funds and International Commercial Lenders (EBRD, Proparco, DEG, IsDB, Standard Chartered Bank and KfW-IPEX Bank) |
| Financing amount. | SAR 1.4 billion |
| Financing duration. | Approximately 19 years. |
| Guarantees offered for the financing | For ACWA Power, limited to its equity bridge loan, standby equity. |
| Financing objective | Development, finance, design, construct and operate the plant. |
| Related Parties | None |
