UK partners with Kyrgyz Republic on renewable investment model

The UK and the Kyrgyz Republic have launched a partnership to develop a flexible financial model to support risk-informed sovereign guarantees for renewable energy projects.

• Project scope and timeline: The UK (via FCDO-funded GCIEP and its Centre of Expertise) will support the Kyrgyz Government to develop a flexible financial model that projects future payment obligations and estimates the potential scale of sovereign guarantees under multiple renewable growth scenarios; the project runs July to December 2025 and includes training for government officials to ensure effective use and ownership of the model.
• Background and partners: The action addresses Kyrgyz electricity challenges—ageing hydropower, winter deficits, and >20% electricity imports in 2024—supporting the Government target to reach at least 10% renewable electricity by 2027; implementation and advisory support is provided through the FCDO GCIEP and a PwC-led Alliance (PwC, Mott MacDonald, Adam Smith International, Engineers Against Poverty, MDY Legal); the project will also consider export opportunities via CASA-1000 and explore alternative de-risking mechanisms to attract private investment.