Browsing: European Bank for Reconstruction and Development (EBRD)

The loan, with a 20-year tenure, will finance the development, construction, and ongoing operation and maintenance of the wind farm.

The 1.1-gigawatt (GW) wind farm, located in the Gulf of Suez, is set to deliver over 4,300 GWh of clean energy annually

ACWA Power has closed $238 million in senior debt facilities to develop Azerbaijan’s Absheron-Khizi 240 megawatt (MW) Wind Farm, the largest renewable energy project of its kind in the Caucasus region

The project, led by Suez Wind Energy, a special purpose vehicle (SPV) established to build and operate the wind farm, aims to add 1.1 gigawatts (GW) of renewable capacity to Egypt’s power sector, to advance the country’s green energy goals

The funding will enable NEPCO to strengthen its power transmission capabilities, allowing Jordan to further develop its renewable energy sector