/KASE, January 23, 2018/ – Development Bank of Kazakhstan (Astana), whose bonds
are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE
with the following press release:
quote
Development Bank of Kazakhstan (subsidiary of National managing holding
"Baiterek", hereinafter – DBK, Bank) opened funding for CATEC Green Energy
LLP, for purposes of building the first launch facility of wind power plant
(WPP) with a capacity of 50 MWt (hereinafter – the Project). The WPP is located
40 km away from Astana: in village Kostomar of Akmola region. After commissioning
of the second stage the total capacity of the WPP is going to be 100 MWt.
The Project costs KZT46.1 bn. The Development Bank of Kazakhstan provides a
KZT30.5 bn loan for 10.5 years. The Project also involves a DBK's subsidiary –
DBK-Leasing, providing KZT3.6 bn for equipment leasing. The borrower's own
funds in the Project will make up to KZT12 bn.
unquote
The full press release is available on KASE website –
http://kase.kz/files/emitters/BRKZ/brkz_reliz_230118_1.pdf
[2018-01-23]