📋 Tender Overview
Project ID: 55934
Status: Approved
Location: Kazakhstan
Business Sector: Manufacturing and Services
Notice Type; Private
Environmental Category: B
Approval Date: 18 Nov 2025
Disclosure date: 20 Nov 2025
Project Description
A senior loan of up to €25 million equivalent in KZT to Sarens Kazakhstan LLP (the "Loan") to finance their capital expenditure and working capital needs. The Loan will enable the Company to meet increasing demand for regional engineering and transportation services to cater for renewable energy capacity installation (the "Project"). The Project supports, in line with Kazakhstan Country Strategy, private sector competitiveness through FDI and scaling up renewable energy capacity.
Transition Impact
ETI score: 62
Primary TI quality: Competitive. The Project introduces operational changes, allowing the Company to (i) expand services to new hard-to reach areas in Central Asia, (ii) operate in more sizeable complex projects.
Secondary TI quality: Green. The Company commits that the financed equipment will be used in wind or other renewable energy sectors for at least 40% of the loan tenor. The Project supports renewable energy deployment in line with EBRD's GET methodology as an enabling activity contributing to climate mitigation, receiving ETI rating of 62.
