Context
A 200 MW solar project developed by ANIF with UAE-based Masdar.
Objective
Attract an international investor and structure a public-private renewable energy investment.
Role
ANIF portfolio during Aleksei Veretenov’s tenure as Deputy CEO and Vice President for Strategy and Marketing.
Approach
- International tender and selection of Masdar.
- SPV structure: Masdar 85%, ANIF 15%.
- Preparatory and environmental studies; project governance arrangements.
Outcome
The 2021–2022 reports document an approved $174m project and a tariff of US¢2.99/kWh; project completion is not established by these historical reports.
Partner / project website