An operational wind energy generation business located in the Republic of Kazakhstan, offering investors a rare opportunity to acquire a fully functioning renewable energy asset with stable returns, government-backed tariffs, and proven production performance.
Core Highlights
- Active governmentbacked PPA until 2034
- Established wind farm in western Kazakhstan, operating since 2019.
- 5 MW of installed capacity using Europeanmanufactured turbines.
- Strategically positioned near the Caspian Sea, in a highwind corridor close to Aktau.
- Fully staffed with a locally trained operations team and robust technical oversight.
- Operating under a legally established Kazakhstani entity with a history dating to 2015.
Financial Performance
- Consistent cash flow from longterm electricity sales under the state’s renewable energy scheme.
- Regular maintenance and spare parts stock ensure uninterrupted operations.
- No Debt.
Asset Details
- 1 x Enercon E70 E4 (2.0 MW) – Germany.
- 2 x Micon NM1500C/64 (1.5 MW each) – Denmark.
- Located in open terrain near the sea, benefiting from favorable and consistent wind flows.
- Site selected based on longterm meteorological data and wind rose studies.
- Fully compliant with Kazakhstan’s industrial and environmental safety standards.
Revenue Model
- Electricity sold to the Settlement and Financial Center (RFC) at a stateguaranteed green tariff.
- 15year Power Purchase Agreement (PPA) in place from 2019 to 2034, with annual indexation.
- 2024 fixed tariff: 34.74 KZT/kWh (~€0.067)
- Backed by Kazakhstan’s Renewable Energy Law.
Valuation Estimates
- EV/EBITDAbased valuation: ~€3.8 million.
- Installed capacitybased valuation: ~€5.9 million.
Sale includes full company ownership, permits, land rights, equipment, infrastructure, and personnel.
Currency: EUR
Target Price / Revenue: 9.12x
Target Price / EBITDA: 15.41x
