EBRD, GCF and FMO to Provide $87 Million Loan to Develop Solar Projects in Egypt
November 1, 2017
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The European Bank for Reconstruction and Development (EBRD), the Green Climate Fund (GCF), and the Netherlands Development Finance Company (FMO) have together agreed to provide an $87 million syndicated loan to Infinity Solar Energy SAE, an Egyptian renewable energy developer, and ib vogt GmbH, an international solar developer established in Germany, to develop 80 MW of solar in the planned Benban Solar Park in Egypt.
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Wendy Prabhu
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