1.1GW wind farm in Egypt gets $275m backing

In:

Renewables

Region:

Middle East & Africa

Suez Wind - a special project company jointly owned by ACWA Power - has received a $275 million syndicated loan for the construction and operation of the largest wind farm in Africa.The loan to Suez Wind consists of a $200 million A loan from EBRD and $75 million in B loans from Arab Bank and...

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