European Bank for Reconstruction and Development (EBRD)

EBRD supports Africa’s largest onshore wind project in Egypt with $275m loan

EBRD supports Africa’s largest onshore wind project in Egypt with $275m loan

  • 1.1 GW wind farm in Egypt will reduce annual CO2 emissions by more than 2.2 million tonnes
  • Loan to Suez Wind consists of $200 million A loan from the EBRD and $75 million in B loans from Arab Bank and Standard Chartered
By MOHAMMED AL-KINANI ·