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Tag: EBRD

Scatec Solar to invest $650 million in 5 solar energy projects in Egypt

Posted: May 10, 2016 at 12:29 pm   /   Renewables

Negotiations with seven international banks to finance 70% of the project, most notably IFC and EBRD. Scatec Solar company seeks to pump $650m in renewable energy investments to establish five solar energy projects with a capacity of 250 MW, according to the company’s CEO Raymond Carlsen. Carlsen sat down for an interview with Daily News […]

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EBRD: $341 million loan to upgrade Egypt’s oil and gas infrastructure

Posted: February 7, 2016 at 2:43 pm   /   Oil & Gas

The European Bank for Reconstruction and Development (EBRD): The funds will be used to construct and operate a bulk-liquids terminal. A US$ 341 million facility to Sonker, an Egyptian company providing hydrocarbon storage and bunkering, will support a significant upgrade of the country’s oil and gas infrastructure and will contribute to the energy security of […]

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