📋 Tender Overview
Location: Tunisia
Project number: 55027
Business sector: Energy
Notice type: Private
Environmental category: B
EBRD Finance Summary: EUR 3,900,000.00
Total Project Cost: EUR 7,330,000.00
Project Description
Provision of EUR 3,900,000 for the design, development, financing, construction, commissioning, operation and maintenance of a 10MW solar photovoltaic (PV) power plant (SPP) located in Feriana town in Tunisia. Project B is 39% owned by Qair International ("Qair", the "Sponsor") and 61% by Mazarine Energy BV during construction. Post construction, Project B will be majority owned by Qair and Mazarine will retain a participation. The Project is considered alongside another 10MW SPP co-located and with the same Sponsor (see Qair Solar - Project A).
Project Objectives
Tunisia aims at lessening dependence on fossil fuels by diversifying its energy mix, and development of renewable energy is therefore a key priority for the country. Further, the Project will be among the first solar projects realized by the private developer Qair, under the authorization regime in Tunisia.
Transition Impact
ETI score: 80
The Project is under the SEMED Private Renewable Energy Framework, and as such contributes to the Green TI quality by facilitating CO2 emissions savings through the development of renewable energy generation capacity in SEMED; as well as to the Competitive TI quality by supporting private ownership and off-take in eligible projects.
