"VIGOR Holding" LLP

Construction of a solar power plant complex with a total capacity of 70 MW in the Kyzylorda Region, Republic of Kazakhstan

Energy

Funding status: Guarantee status: The project has been approved, and financing will begin in 2026.

Name of the project

Construction of a solar power plant complex with a total capacity of 70 MW in the Kyzylorda Region, Republic of Kazakhstan

Borrower

Development Bank of Kazakhstan JSC

"VIGOR Holding" LLP

Ultimate beneficiaries

Group

Dinara Shamratovna Uldanova – 50%, Aitugan Akhmetuly Zhaksymbay – 25%, Moldir Erlankyzy Zhakhanova – 25%

Industry

Energy

Funding status

The project has been approved, and financing will begin in 2026.

Date of signing the Credit Line Agreement

2026

Region

Republic of Kazakhstan, Kyzylorda Region

Project financing structure

Project cost

148.9 million CNY

Participation of Development Bank of Kazakhstan JSC, in the context of financing currencies

104.1 million CNY

Terms of the financing instrument provided by Development Bank of Kazakhstan JSC

Financing currency

CNY

Rate of remuneration

5Y LPR + 4.16% p.a., floating

Loan term

Up to 15 years

Funding source

Other Bank sources (borrowed funds)