7th of February 2020 | Email from the World Bank

The World Bank Group is not involved in an investment capacity with any Helios Energy projects in Uzbekistan.

The World Bank Group who are assisting the Government of Uzbekistan for the development, financing and operation of solar farms has confirmed they are not involved with Helios Energy. Further they provide details of past and upcoming solar tenders.

Dear Mr. <REMOVED>, Thank you for contacting IFC.
IFC is assisting the Government of Uzbekistan in an advisory capacity to attract private sector participation on a competitive basis for the development, financing and operation of solar PV plants, per the following project summary document: https://disclosures.ifc.org/#/projectDetail/AS/602154

The country’s first competitively-tendered solar power public-private partnership for 100MW has already been awarded to Masdar Clean Energy, as announced in the following press release in October 2019: https://ifcextapps.ifc.org/ifcext/pressroom/ifcpressroom.nsf/0/5C87A79D8A39A3AA85258489006187FB?OpenDocument

A second mandate for a total capacity of 900MW (400 in the first round, 500 in the second round) has been signed and more information about the forthcoming PPP tender can be found in the following press release: https://ifcextapps.ifc.org/ifcext/pressroom/ifcpressroom.nsf/0/6384EE4A62B9B83D85258497005E6A16?OpenDocument

The World Bank Group is not involved in an investment capacity with any Helios Energy projects in Uzbekistan.

7th of February 2020 | Email from the World Bank

More information to follow….

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