The European Bank for Reconstruction and Development (EBRD)

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

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

    Tuesday, 29th October 2019

    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 parks in the world is now complete and all its plots are now operational.”

  • EBRD Mulls Pumping $60 MM in Infinity Energy

    EBRD Mulls Pumping $60 MM in Infinity Energy

    Tuesday, 15th October 2019

    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 Energy.

  • Orascom Seeks $50m to Fund Solar Plant

    Orascom Seeks $50m to Fund Solar Plant

    Wednesday, 21st December 2016
    Orascom Construction is in negotiations with three international financing institutions over borrowing $50m to fund a 50MW solar power plant in Benban, Aswan.
  • Morocco Got $38m towards Sustainable Energy

    Morocco Got $38m towards Sustainable Energy

    Tuesday, 18th October 2016
    The European Bank for Reconstruction and Development (EBRD), Agence Française de Development (AFD), and the European Investment Bank (EIB) will provide $38m to support Morocco's sustainable energy developments.