Arm Wind LLP, a subsidiary of Plenitude (in turn 100% owned by Eni), that has been implementing renewables projects in Kazakhstan, has decided to join Qazaq Green Renewables Association as part of its development strategy to achieve carbon neutrality and key climate goals in synergy with Kazakhstan renewable and decarbonization targets.

‘Arm Wind aims not only at the implementation of renewable energy projects in Kazakhstan under its decarbonization strategy, but it is also committed to support the improvement of the renewable energy policy of Kazakhstan and the application of the industry best practices. To that end, the cooperation with the expert community through Qazaq Green Association represents the perfect way to find joint solutions for further development of the renewable energy sector in the Country' noted Mr. Alex Stillavato, Managing Director of Arm Wind LLP.

‘We are very pleased to cooperate with Arm Wind on green energy development and have enthusiastically accepted their request for membership in our association. It is symbolic that companies like Eni from conventional energy sectors are increasingly concentrating on renewable energy sources. We are confident that we will boost the^^B sector's development with such members in Qazaq Green' mentioned Mr. Nurian Kapenov, Chairman of the Board of Director of Qazaq Green RES Association.

Arm Wind launched its first renewable energy project in the Republic of Kazakhstan in March 2020 and started the commercial operation of a 48 MW Wind Farm near Badamsha settlement in Aktobe Oblast, with an annual electricity generation of about 195 GWh ensuring CO2 emissions reduction by 172,000 tons per year. In March 2022, the company held the inauguration of the Badamsha-2 Wind Farm with an additional installed capacity of 48 MW. To date, the wind turbines of Badamsha-2 Wind Farm are the largest ones ever installed in Kazakhstan, both by size (rotor diameter is 158 meters, hub height is 101 meters) and capacity (4.8 MW each).

Furthermore, in March 2021, Arm Wind also set to build a 50 MW photovoltaic power plant near Shaulder settlement, Turkestan Oblast, in the South of Kazakhstan.

These projects are being implemented in line with the company's full-scale course to energy transition, and they will also contribute to Kazakhstan's goal of carbon neutrality. Arm Wind LLP will carry out Plenitude's renewable energy strategy aimed at achieving a balanced and diversified portfolio of renewable energy projects with a total installed capacity of more than 6 GW by 2025 and above 15 GW by 2030.

Eni has been present in the Republic of Kazakhstan since 1992. Eni is a participant of joint operations in the Karachaganak field and a shareholder in various North Caspian projects, including the giant Kashagan field. In 2018, Eni began joint operations on the Isatai and Abai exploration blocks, together with KazMunaiGaz national company. The same year Eni acquired Arm Wind LLP with the aim to expand its operating portfolio to renewables projects. Today Arm Wind LLP is a subsidiary of Plenitude (in turn 100% owned by Eni) and all the three renewables' projects of the company in Kazakhstan are operated by Arm Wind. The company is also set to search for new development opportunities in the renewables sector in the Country.