{"id":89572,"date":"2025-04-11T00:00:00","date_gmt":"2025-04-11T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2025\/04\/11\/acwa-inaugurates-uzbek-wind-farms\/"},"modified":"2025-04-11T00:00:00","modified_gmt":"2025-04-11T00:00:00","slug":"acwa-inaugurates-uzbek-wind-farms","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2025\/04\/11\/acwa-inaugurates-uzbek-wind-farms\/","title":{"rendered":"Acwa inaugurates Uzbek wind farms"},"content":{"rendered":"

<\/strong>Acwa <\/strong>Power\u2019s 500 MW Dzhankeldy and 500 MW Bash Wind projects in Uzbekistan have <\/strong>begun commercial operations, <\/strong>according to Tadawul disclosures issued Sunday here<\/a> and here<\/a>. The financial impact of the operations is expected to be reflected in 2Q 2025. <\/p>\n

Background: <\/strong>The company signed 25-year power purchase agreements<\/a> back in December with the National Electrical Grid of Uzbekistan for both projects, which included a 128 km transmission line for Dzhankeldy and a 160 km one for Bash. The OPEC Fund approved two USD 20 mn loans<\/a> to finance the projects in April 2023. <\/p>\n

Who owns what?<\/strong> Acwa now owns 65% of the USD 1.3 bn projects after it offloaded a 35%<\/a>stake<\/a> back in June to China Southern Power Grid\u2019s global investment arm China Southern Power Grid International for SAR 596 mn (c. USD 159 mn). <\/p>\n

Acwa ? Uzebkistan:<\/strong> The company signed a SAR 18.2 bn (c. USD 4.9 bn) power purchase agreement<\/a> with the National Electric Grid of Uzbekistan (Negu) to develop a new 5 GW wind farm \u2014 set to become the largest in Central Asia \u2014 in May. It also signed a SAR 985 mn (c. 262.6 mn) power purchase agreement to develop the 200 MW Nukus 2 wind project in April 2024<\/a>, and a USD 2.4 bn agreement with the National Electric Grid of Uzbekistan for a 1.5 GW wind energy farm in January 2024<\/a>. Acwa has a total of 15 projects in Uzbekistan worth around USD 13.9 bn. <\/p>\n","protected":false},"excerpt":{"rendered":"

The company signed 25-year PPAs with the national grid for both projects<\/p>\n","protected":false},"author":1,"featured_media":89573,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[48],"tags":[184,11,159,47,46],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-89572","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wind","tag-acwa-power","tag-enterpriseclimate","tag-saudi-arabia","tag-wind","tag-wind-energy","wpautop","entry"],"acf":{"mongo_id":"e6434e9f-3996-47fb-9606-184c93398437","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/2\/1363.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Acwa inaugurates Uzbek wind farms","related_issue":[89557],"teaser":"The company signed 25-year PPAs with the national grid for both projects","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/4\/.aa767a67-e2a0-42fb-8219-0590c24961a8.mp3"},"yoast_head":"\nAcwa inaugurates Uzbek wind farms - 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