Name of the project

Construction of a wind power plant (WPP) with a capacity of 150 MW in Baidibek District, Turkestan Region

Borrower

Development Bank of Kazakhstan JSC

"New Clean Energy" LLP

Ultimate beneficiaries

Group

N.N. Nakipbekov (95%) and D.A. Tutkushev (5%)

Industry

Energy

Funding status

The project has been approved, and financing will begin in 2027.

Region

Republic of Kazakhstan, Turkestan Region, Baidibek District

Project financing structure

Project cost

1.08 billion

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

Up to CNY 860.5 mln, including:
Sublimit 1 – not more than CNY 547.7 mln,
Sublimit 2 – not more than CNY 312.7 mln, disbursed
at the exchange rate of the National Bank of the Republic
of Kazakhstan on the actual disbursement date, but not
exceeding the equivalent of KZT 22,410,391,449.

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

Financing currency

CNY, KZT

Rate of remuneration

Sublimit 1 — funding rate + 1.81% p.a., floating rate
Indicative: LPR 5Y + 2.16% p.a., floating.
Sublimit 2 — cost of borrowing + 1.81% p.a., fixed rate
Indicative: 19.24% p.a., fixed.

Loan term

Up to 15 years

Funding source

Sublimit 1 – Bank's other sources (borrowed funds);
Sublimit 2 – Bank's own funds.