- QIC
- / Success stories
- / Central Asian Electric Power Corporation JSC
Central Asian Electric Power Corporation JSC
Astana
₸ 9 235,4 mln
The volume of investments
Industry: Energy
Region of implementation: Astana; Petropavlovsk, North Kazakhstan region; Pavlodar, Pavlodar region
Funding date: 2015
Fund: Baiterek Venture Fund / Kazakhstan Infrastructure Fund
Instrument: Equity financing

Description of the project
A vertically integrated energy company with an installed electric capacity of 1 218 MW and an installed heat capacity of 2 981 Gcal/h. The total length of power transmission lines is 49.4 thousand km, heating networks - 983.9 km. The company provides electricity to more than two million people. Beneficiaries - Alexander Klebanov - 48%, Sergey Kan - 48%, JSC "Qazaqstan Investment Coporation" - 4% (Government of the Republic of Kazakhstan). The approved period for providing financial support is 60 months. The currency of providing financial support is US dollars. The cost of the project is 9,235.4 million tenge. Interest rate - 10%.
Investments in progress