Red Sea Wind Energy signs ECA-backed Gulf of Suez 2 financing

Red Sea Wind Energy has secured ECA-backed financing for the expansion of the Gulf of Suez 2 onshore wind farm project in Egypt.JBIC provided up to $51 million, with co-financing by EBRD, SMBC, Norinchukin Bank, and Societe Generale bringing the total amount to around $106 million. NEXI is backing...