Zaafarana Solar Power SAE

Zaafarana Solar - Project Financing

Industry
Renewables/PV solar
Area of finance
Project & Infrastructure Finance
Region
Africa
Africa
Countries
Egypt

Deal Overview

German company Belectric has received approval from the Egyptian authorities to build its 50MWp solar power plant in Zaafarana, a town located on the Red Sea. The project will require an investment of €38 million ($45.1 million). Belectric will sell the electricity produced by the plant to the...

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Deal Volume
$45.1m
Financial Close
07/04/2021
Dealmakers

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Tranches

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Project Deals

Zafarana (Zafaran) Solar Power Plant Project
$78.5m
Greenfield
PV solar
Africa
Africa
Egypt