ADB and ACWA sign $116 million agreement to expand wind power in Uzbekistan

• an hour ago (2026-05-08)
• David Flin

Asia 1025 Wind 293

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The Asian Development Bank (ADB) signed a $116 million financing package with Acwa to develop a 300 MW wind power plant in Uzbekistan’s Bukhara region.

The new facility, Bash 2, extends the Bash Wind Power Project co-financed in 2023. Bash 2 will feature 39 turbines, each up to 8 MW, a 35/500 kV substation, and transmission lines connecting to the national grid. Isabel Chatteron, Private Sector Operations Director General for the ADB, said: “The Bash 2 Wind Power Project expands Uzbekistan’s clean energy capacity, supports grid stability, and reduces carbon emissions.”

The financing includes $50 million from ADB’s ordinary capital resources, $41 million from commercial lenders with ADB as the lead arranger, as $25 million from the Leading Asia’s Private Infrastructure Fund 2 (LEAP 2).