
The agreement was signed by H.E. Almassadam Satkaliyev, Minister of Energy of the Republic of Kazakhstan; Nurlan Zhakupov, CEO of Samruk-Kazyna; Basil Yernat Duisenbekuly, Deputy Governor of the Zhetysu region; and Marco Arcelli, CEO of ACWA Power. The 1 GW wind project represents ACWA Power's entry into Kazakhstan, with an investment tag of US$1.5 billion and completion scheduled for 2027.