Project description
Provision of a senior secured loan of up to USD 52 million to Shobak Wind Energy PSC to finance the construction of a 45 MW wind farm (the Project) in Jordan near the Shobak town municipality, 46 km northwest of Ma’an, and 160 km south of Amman. Shobak Wind Energy PSC is a special purpose vehicle incorporated in Jordan for the sole purpose of developing, constructing and operating the Project. It is majority owned by Alcazar Energy Partners, a Dubai-based independent developer and power producer active in the Middle East, Africa and Turkey. Alcazar is owned, amongst others, by IFC, IFC Catalyst Fund, Mubadala Infrastructure Partners, Alcazar Projects and DASH Ventures.The Project will support Jordan in increasing its electricity generation capacity from clean, renewable sources and reducing reliance on hydrocarbon imports.
There is a Project Summary Document available for this project.
ESIA disclosure package
Full ESIA availability
Full ESIA documentation is available locally at:
Shobak Wind Energy PSC
Anshasi Building, Sate Husari Street
Shmeisani
PO Box 3064
Hashemite Kingdom of Jordan
Enquiries
Environmental and social enquiries
Alcazar Energy Partners
Suite 802-803, South tower
Emirates Financial towers, DIFC
P.O. Box 507122
Dubai, United Arab Emirates
And
Samer Bulos
Development Manager – Jordan | Alcazar Energy
T: +962 (0) 6 4614005
Office Address: No. 7, Dhirar Bin Al-Azwar Street, Jabal Al-Luweibdeh
Amman, Jordan
sbulos@alcazarenergy.com l www.alcazarenergy.com
And
This document was prepared at an early stage of project development, before consideration by the EBRD Board of Directors. Details of a project may change following disclosure.
Environmental and Social Impact Assessments and ESIA summaries are produced by project sponsors, and the EBRD makes them available without any comment or implied endorsement. Any views expressed or statements made in the Environmental and Social Impact Assessment or the ESIA Summary do not necessarily reflect the views or opinions of the EBRD.
Last updated 25 June 2014