News
11 August 2020

EBRD agrees financing for 500MW Gulf of Suez wind project

In:
Renewables
Region:
Middle East & Africa

The European Bank for Reconstruction and Development has approved a $50 million loan for a 500MW wind power project in the Gulf of Suez, Egypt. The project, in Ras Ghareb, will need a total investment of $560 million. It is led by a consortium formed by French giant Engie and Japanese Eurus...

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