/KASE, November 28, 2019/ – Development Bank of Kazakhstan (Nur-Sultan), whose
bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided
the following press release dated November 28, 2019 to KASE:
A press tour for representatives of the national mass media to the wind power
plant "Astana EXPO-2017" with the capacity of 100 MWt (hereinafter, WPP) of CATEC
Green Energy (hereinafter, the Company) located in Kostomar village of Akmola
Region was organized with the assistance of the Development Bank of Kazakhstan
JSC (subsidiary of the Baiterek National Management Holding JSC, hereinafter, the
Bank, DBK) in order to provide information to the media on the WPP operations.
The construction of the first launch facility of the WPP with the capacity of 50
MWt is DBK’s investment project. The Bank opened funding for the Company for this
Project in December 2017. The Project costs KZT45.1 bn. The Bank provided a
KZT30.5 bn loan for 10.5 years. The Вank’s subsidiaries, DBK-Leasing and DBK
Equity Fund (a subsidiary of the Development Bank of Kazakhstan and Kazyna Capital
Management) have also provided funding to the Project.
Full press release is available on KASE website (in Russian) –