IFC provided a US$150m financing package and helped mobilise more than US$1bn in private financing. JBIC and NEXI co-financing commitments totalled US$655m.
The 1,580MW plant was Uzbekistan's first competitively tendered thermal-generation PPP. It was expected to serve more than 3m people, meet about 17% of electricity demand and represent 9.5% of installed capacity. Efficiency above 60% was expected to avoid up to 2.8m tonnes of greenhouse-gas emissions annually versus displaced ageing generation.
The financing established a large lender-consortium and infrastructure-PPP precedent; projected demand and emissions reductions should not be read as realised operating results.
This material is provided for general information only and does not constitute investment, legal or tax advice, or an offer or solicitation in any jurisdiction.