The Sarens Group, under its subsidiary Sarens Kazakhstan, is receiving up to EUR 25 million from the European Bank for Reconstruction and Development(EBRD) to expand its logistics operations and contribute to the deployment of clean energy.
Sarens Kazakhstan’s financing and regional growth
The EBRD has granted a long-term loan to Sarens Kazakhstan, with the aim of enhancing specialized lifting, technical transport and industrial installation capabilities. This support will enable the company to acquire high-capacity cranes, trailers and other equipment needed to expand its presence in critical sectors of the Kazakh economy.
The loan proceeds are expected to facilitate the installation of up to 11.75 GW of new wind power capacity. wind power capacity. The infrastructure will contribute directly to the national target of achieving 15 % of energy generation from renewable sources by 2030.
The expansion plan seeks to strengthen the regional logistics infrastructure by supporting operations linked to the Trans-Caspian Corridor, a trade route between Europe and Central Asia. By expanding its fleet and capabilities, Sarens will contribute to the development of a more efficient and sustainable transportation network in the region.
This financing aligns with the EBRD’s strategy of promoting resilient infrastructure and green economies. By offering conditions that local commercial banks cannot match, the bank fosters innovation in sectors with high transformational potential. To date, the EBRD has invested more than €10 billion in Kazakhstan through hundreds of projects that promote entrepreneurship and sustainability.
Source and photo: EBRD