EBRD Finalizes Egypt’s $4 B Benban Solar Power Park

• Tuesday, 29th October 2019
• by Editorial Team

The European Bank for Reconstruction and Development (EBRD) announced the completion of Egypt’s Benban solar power park worth $4 billion, saying: “After three years of work, construction of one of the largest solar pa...

EBRD Mulls Pumping $60 MM in Infinity Energy

• Tuesday, 15th October 2019
• by Editorial Team

The European Bank for Reconstruction and Development (EBRD) announced in a statement published on the bank’s website on October 14, 2019, its intention to invest $60 million in the Egypt-based firm, Infinity Ene...

Orascom Seeks $50m to Fund Solar Plant

• Wednesday, 21st December 2016
• by Sarah Samir

Orascom Construction is in negotiations with three international financing institutions over borrowing $50m to fund a 50MW solar power plant in Benban, Aswan, reported Al Mal News. Orascom’s Executive Director, ...

Morocco Got $38m towards Sustainable Energy

• Tuesday, 18th October 2016
• by Egypt Oil & Gas

The European Bank for Reconstruction and Development (EBRD), Agence Française de Development (AFD), and the European Investment Bank (EIB) will provide $38m financing facility to Banque marocaine du commerce extérieur...