EBRD and Bank Audi to Provide $200 Million for Renewable Projects in Lebanon

EBRD to provide a $90 million loan, to be complemented by $10 million in concessional funding from the Taiwan ICDF

November 12, 2018

/ Saumy Prateek
/ Other, Renewable Energy
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The European Bank for Reconstruction and Development (EBRD) has signed its first green economy financing facility (GEFF) in Lebanon. The EBRD and Bank Audi, the largest bank in Lebanon, are joining forces for the expansion of renewables by providing $100 million each for green projects in Lebanon. This includes the first loan under the EBRD’s GEFF for the country.

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Saumy Prateek

More articles from Saumy Prateek.
Bank AudiEBRDGEFFGreen Energy FinancingGreen Energy ProjectsLebanon
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