Beijing, China, December 18, 2019

AIIB Invests in Central Asia’s Largest Wind Farm with First Project in Kazakhstan

The Asian Infrastructure Investment Bank (AIIB) has approved a USD46.7-million loan for the construction and operation of a 100-megawatt wind power plant in southern Kazakhstan which, when completed, will be the largest in Central Asia.

Located approximately nine kilometers southwest of Zhanatas in the southern Zhambyl region, the plant will, on a yearly basis, provide the country approximately 319 gigawatt hours of renewable energy and reduce carbon dioxide emissions by 260,623 tons.

The Zhanatas wind power plant is supported by a memorandum of understanding between AIIB and the Ministry of Energy of the Republic of Kazakhstan, which laid the foundation for greater cooperation on renewable energy project financing.

“Our investment in the largest wind power plant in the region reflects AIIB’s support for the Government of Kazakhstan’s transition to a “green economy,” which will advance efforts to meet the country’s commitments under the Paris Agreement,” said AIIB Vice President and Chief Investment Officer D.J. Pandian.

 

About AIIB

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank with a mission to improve social and economic outcomes in Asia. Headquartered in Beijing, we began operations in January 2016 and have now grown to 100 approved members worldwide. By investing in sustainable infrastructure and other productive sectors in Asia and beyond, we will better connect people, services and markets that over time will impact the lives of billions and build a better future.

Logos for Download

AIIB logo is available in JPEG and PDF format.

DOWNLOAD

Media Contact

Lingxiao He

Press Officer

+86 10 8358 0683

SEND AN EMAIL
More News Articles

Beijing, September 02, 2025

AIIB, Kazakhstan Sign Landmark Memorandum of Understanding to Unlock USD6 Billion for Sustainable Development

The Asian Infrastructure Investment Bank (AIIB) and the Ministry of National Economy of the Republic of Kazakhstan have agreed to establish a multi-year rolling pipeline (MYRP), a strategic framework that charts a course for up to USD6 billion in infrastructure investments between now and 2029.

READ MORE

Tianjin, September 02, 2025

AIIB and Azerbaijan Strengthen Partnership to Build a Sustainable, Connected Future

In a significant step in accelerating sustainable development and regional cooperation, the Asian Infrastructure Investment Bank (AIIB) and the Republic of Azerbaijan signed a joint declaration to elevate their partnership.

READ MORE

Beijing, September 01, 2025

AIIB and TKYB Sign USD200-million Facility to Support Climate and Digital Transition in Türkiye

The Asian Infrastructure Investment Bank (AIIB) and the Development and Investment Bank of Türkiye (TKYB) have signed a USD200-million equivalent, 15.5-year sovereign-backed on-lending facility to support Türkiye’s climate and digital transition goals.

READ MORE

Beijing, August 14, 2025

AIIB’s Inaugural Sustainability Report Underscores Transparency in Sustainable Infrastructure Finance

The Asian Infrastructure Investment Bank (AIIB) today released its inaugural Sustainability Report, applying the International Sustainability Standards Board (ISSB) disclosure requirements to voluntarily report on the financial impacts of climate-related risks and opportunities.

READ MORE