- Project investment $1.2 billion, ~75% externally financed under a Common Terms Agreement with EBRD, Proparco, DBK, DEG, Société Générale, QNB, China Construction Bank and Standard Chartered
- Mirny comprises 1 GW onshore wind (150 turbines) paired with a 600 MWh BESS supplied by Saft
- 25-year PPA with the Kazakhstan government; expected generation ~100 TWh over 25 years, enough to supply ~1 million people
- TotalEnergies holds 60% with Samruk Energy and KazMunayGas at 20% each; full capacity expected by 2029
Project overview
TotalEnergies has taken final investment decision and secured financing for the Mirny onshore wind and BESS project in southeast Kazakhstan; total investment is $1.2 billion with about 75% externally financed under a Common Terms Agreement.
Technical scope
Mirny combines 1 GW of onshore wind capacity (150 turbines) with a 600 MWh battery energy storage system supplied by Saft, with electricity to be sold under a 25‑year PPA signed in 2023.
Financing and ownership
The lending consortium includes EBRD, Proparco, DBK, DEG, Société Générale, QNB Group, China Construction Bank and Standard Chartered; TotalEnergies holds 60% of the project, with Samruk Energy and KazMunayGas holding 20% each.
Output and schedule
The project is expected to generate roughly 100 TWh over 25 years, enough to supply about 1 million people, and to reach full capacity in 2029.