EBRD to finance largest solar project in Mongolia
United Green Group (UGG) and Tucher Group GmbH have secured a US$31.6 million syndicated loan from the European Bank for Reconstruction and Development (EBRD), Triodos Investment Management and FMO for the construction of the largest solar plant in Mongolia.
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Country news
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September 06, 2017
MPC Capital secures financial closure for windpark in Mongolia
MPC Renewable Energies, a subsidiary of international investment manager MPC Capital AG, along with the project developer Ferrostaal, the Danish Climate Investment Fund (DCIF) and other project partners, has achieved financial closing for the Sainshand 55 MW onshore windpark in Mongolia, for US$120 million.
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August 29, 2017
Engie secures US$120 M financing for 55 MW Sainshand wind farm in Mongolia
The 55-MW Sainshand wind farm in Mongolia, the third privately financed wind farm in the country, will receive a US$ 120 million project financing package from a group of international investors and financiers.
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April 04, 2017
EBRD to finance 55 MW Sainshand wind park
The European Bank for Reconstruction and Development (EBRD) is considering providing a senior loan of up to US$30 million for the construction of the 55 MW Sainshand wind park in Mongolia’s Gobi desert.
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November 15, 2016
ENGIE and Ferrostaal to develop Mongolian wind farm project
ENGIE and Ferrostaal have signed a joint development agreement to build and operate the Sainshand wind farm project, located in the Gobi Desert (Mongolia). Read more -
October 04, 2016
JICA, EBRD to finance 50 MW wind farm in Mongolia
Clean Energy Asia LLC together with its shareholders, Newcom LLC and SB Energy Corp., has signed with the Japan International Cooperation Agency (JICA) and the European Bank for Reconstruction and Development (EBRD) financing agreements to construct a 50MW wind farm in southern Mongolia. Read more
