SFH acted as guarantor for a $25 million loan for the construction of the Jerui hydroelectric power plant

The State Financial Holding Company has assumed the obligations of a guarantor for a $25 million loan raised by Alliance Hydro LLC for the construction of the 24 MW Jerui small hydroelectric power plant.

According to the issuer's disclosure, the relevant guarantee was formalized under a Cabinet of Ministers order dated November 5 last year and a tripartite guarantee agreement signed on February 3, 2026.

According to the document, State Financial Holding acted as a guarantor for the credit obligations of Alliance Hydro LLC to the Russian-Kyrgyz Development Fund.

The money is planned to be used for the implementation of the project to build the Dzherui small hydroelectric power plant with an installed capacity of 24 MW. The project is classified as a significant investment initiative in the field of renewable energy.

This transaction is a one-off operation, the value of which exceeds 10% of the assets of the State Financial Holding, which requires mandatory disclosure of information.

The provision of a state guarantee means that if the borrower fails to fulfill its obligations, the State Financial Holding may be held liable for the loan. This mechanism reduces the risks for the lender and simplifies the process of attracting financing.