A consortium led by Synergy Consulting, together with Pinsent Masons as legal advisor, and ATA Renewables as technical advisor, has been selected by European Bank for Reconstruction and Development (EBRD) to support Lebanese Authorities in procurement of PV + Storage and Wind Projects. The scope of the mandate includes, providing transaction advisory services and implementation support for the procurement of above mentioned Projects.
Details of the Projects are as follows-
i. Wind Project – 4 wind farms, each between 50 and 100 MW capacity, totaling 200MW to 400MW. The tender has been issued to the developers;
ii. PV + Storage Project – 3 solar PV projects of 70 to 100 MW each, for a total of 210 MW to 300 MW, with each project being coupled with electricity storage capacity of no less than 70 MW / 70 MWh capacity (regardless of the PV sizing). The EoI for this project has been issued in the market.