Saudi Arabia's ACWA Power has successfully secured senior debt financing totaling $226 million for its 300 MW Bash II wind power project in Uzbekistan. ACWA Power stated in a statement that the relevant financing agreement was jointly signed with the Asian Development Bank, AIIB, and Standard Chartered Bank during the ADB Annual Meeting in 2026, and these funds will bear over two-thirds of the total cost of the project.

The Bash II wind power project is located in the Jiriduwan region of Bukhara Oblast, Uzbekistan. Its smooth progress is supported by a 25 year PPA signed with the State Grid of Uzbekistan. The project is expected to officially enter the commercial operation phase in the second half of 2027.

As a neighboring project of Bash II, the 500 MW Bash I IPP project has completed construction work by 2025. CEEC has undertaken the EPC general contracting task for this project, which has a total investment of 690 million US dollars and is equipped with 79 wind turbines with a single capacity of 6.5 megawatts. Keywords: Engineering Construction, Construction News, Engineering Information

In 2023, the International Development Fund of the Organization of the Petroleum Exporting Countries agreed to provide $20 million in financing support for the construction and operation of the power plant. In addition, the fund has provided $20 million in funding assistance to the 500 MW Dzhankeldy wind power project, which was officially put into operation in 2024.Editor/Gong Ziwei