"Aktas Energy" LLP

Construction and operation of a 1 GW wind power plant with a 300 MW/600 MWh energy storage system near Mirny settlement, Zhambyl Region

Energy

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

Name of the project

Construction and operation of a 1 GW wind power plant with a 300 MW/600 MWh energy storage system near Mirny settlement, Zhambyl Region

Borrower

Development Bank of Kazakhstan JSC

"Aktas Energy" LLP

Ultimate beneficiaries

Group

TotalEnergies Renewables,
Qazaq Green Power PLC (Samruk-Energy), JSC NC KazMunayGas

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, Zhambyl Region, Mirny settlement

Project financing structure

Project cost

1.2 billion USD

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

up to 200 million USD

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

Financing currency

USD

Rate of remuneration

Investment phase – 6M SOFR + 2.75%
Operating phase – 6M SOFR + 2.50%

Loan term

Up to 20 years

Funding source

Other Bank sources (borrowed funds)