The Asian Infrastructure Investment Bank (AIIB) has signed a USD36-million loan agreement for the development, construction and operation of a 100-megawatt (MW) wind power plant in Zhambyl region of Southern Kazakhstan. The project is codeveloped by China Power International Holding and Visor International DMCC and will be cofinanced by the European Bank for Reconstruction and … Continue reading AIIB finances second wind power project in southern Kazakhstan
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AIIB to fund Central Asia’s largest wind energy plant in Kazakhstan
The 100 megawatt wind power plant, located in south Kazakhstan’s Zhambyl Region, is the first wind farm project funded by the AIIB in Kazakhstan. Kazakhstan’s Zhanatas wind power plant, the largest of its wind turbines kind in Central Asia, will get loans of 46.7 million U.S. dollars from the Asian Infrastructure Investment Bank (AIIB). Upon … Continue reading AIIB to fund Central Asia’s largest wind energy plant in Kazakhstan
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