PROJECT

Projects

Summary of Investment Information

Project Number

39339

Company Name

BAYNOUNA SOLAR ENERGY COMPANY PSC

Date SPI Disclosed

May 4, 2017

Country

Jordan

Region

Middle East

Projected Board Date

Jun 16, 2017

Environmental Category

B - Limited

Status

Active

Last Updated Date

Oct 24, 2018

Department

Regional Industry INF MCT

Industry

Infrastructure

Previous Events

Approved : Nov 22, 2017
Signed : Dec 13, 2017
Invested : Oct 22, 2018

Sector

Solar - Renewable Energy Generation

Additional Project Attributes

Public-Private Partnerships

Project Description

The Project involves the development, financing, construction, operation and maintenance of a green field 200MWac, approximately 242MWp solar photovoltaic (PV) plant in Amman East, Jordan. The Project is being developed by Abu Dhabi Future Energy Company PJSC (Masdar) and the generated electricity will be sold to the Jordanian National Electric Power Company (NEPCO) under a 20-year Power Purchase Agreement.

Associated Advisory Engagement

N/A

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation