Government of Mongolia

Mongolia BESS - ADB Financing

Industry
Power/Battery storage
Area of finance
Project & Infrastructure Finance
Region
Asia Pacific
Asia Pacific
Countries
Mongolia

Deal Overview

The Asian Development Bank is lending $100 million to help supply renewable energy to Mongolia by installing its first large-scale advanced battery energy storage system (BESS).The project will install 125MW of advanced BESS, making it among the largest battery storage systems globally. The BESS...

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Deal Volume
$100m
Financial Close
22/04/2020
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Tranches

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Project Deals

Mongolia BESS
$114.95m
Greenfield
Battery storage
Asia Pacific
Asia Pacific
Mongolia