Selena gets EBRD loan to expand its construction chemical business in Kazakhstan

Local currency loan to help major retailer upgrade its flagship shopping mall and expand to other areas of the country EBRD supports expansion of Ramstore Kazakhstan LLP in Kazakhstan Reviewed by Juan Modesto Rodriguez on Monday, October 30, 2017 Rating: 5

EBRD will invest in this project from its $200 million renewable energy financing framework for Kazakhstan. The loan will be for a tenure of 15 years. The news of the 50 MW solar park comes soon after the country announced that it will be hosting a 12 MW solar power plant ( see Kazakhstan Planning 12 MW PV Project ).

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The project is the fifth one approved under the EBRD Kazakhstan Renewables Framework. Upon completion, the solar power plant is expected to reduce carbon emissions by 75,000 tonnes in the region.

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EBRD, Almaty Sign Loan Agreement for Purchase of CNG Buses, Kazakhstan. zoom. The EBRD is stepping up its support of the Kazakh city of Almaty’s comprehensive reform to its public transportation system. EBRD and the city have signed a loan agreement for a senior 10-year US$ 39.3 million loan.

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Polish producer of construction chemicals Selena has secured a 10m loan from the European Bank for Reconstruction and Development (EBRD) to support the company’s further expansion in kazakhstan. selena manufactures construction chemical products for professional contractors and DIY users.

Kazakhstan prepared a list of 145 investment projects —–BEGIN PGP PUBLIC KEY BLOCK—– mQQNBFUoCGgBIADFLp+QonWyK8L6SPsNrnhwgfCxCk6OUHRIHReAsgAUXegpfg0b rsoHbeI5W9s5to/MUGwULHj59M6AvT+DS5rmrThgrND8Dt0dO+XW88bmTXHsFg9K.

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