Uzbekistan to get 520 mln USD syndicated loans for two wind power plant projects


  • World
  • Wednesday, 14 Dec 2022

TASHKENT, Dec. 13 (Xinhua) -- The European Bank for Reconstruction and Development (EBRD) has arranged two syndicated loans worth 520 million U.S. dollars to help Uzbekistan construct and put into operation two wind power plants, the EBRD said on Tuesday.

The two projects, with a total installed capacity of 1 GW, will also be co-financed by the German development finance institution Deutsche Investitions und Entwicklungsgesellschaft, the French Development Agency Proparco, Standard Chartered Bank and other commercial banks, the EBRD said in a statement.

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