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EBRD is going to back financially the project. The plan includes a limited recourse senior secured A/B loan of up to USD 30.7 million (EUR 26m) which is pending final review. The target board date is January 31, 2018
List of the country updates
Country updates
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November 22, 2017
Sermsang Power will acquire 75% stake in the solar project
Sermsang Power will acquire 75% stake in the solar project. Sermsang will con-invest with the Japanese and Mongolian partners in the development of the solar park. Commissioning is expected to be done...
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November 22, 2017
The agreement is expected to be signed by the end of 2017
The agreement is expected to be signed by the end of 2017. Commissioning of the solar parks is expected to be done on the first quarter of 2019
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October 16, 2017
Jinko Solar delivered the solar PV modules for the project which is expected to be completed by next month
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October 06, 2017
The project construction has been constructed and started its commercial operations
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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 partne...
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