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EBRD, GCF Support 500 MW Wind Farm In Egypt; To Be Largest In Africa

EBRD has issued a loan of up to $100 million for the development, construction, and operation of a new 500 MW onshore wind farm in the Gulf of Suez.
07.04.23 | Source: Saur energy

The European Bank for Reconstruction and Development (EBRD) has issued a senior secured loan of up to $100 million to Red Sea Wind Energy for the development, construction and operation of a new 500 MW onshore wind farm located in the Gulf of Suez area in Egypt.

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