TAG: "EBRD"

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ACWA Power Secures Financing for 1,100 MW Wind Power Project in Egypt

ACWA Power has finalised financing for a 1,100 MW wind plant in Suez Governorate, Egypt, valued at SAR 4.13 billion. The project, in which ACWA Power holds a 70 percent stake, will be funded by global financial institutions, including EBRD, AFDB, and APICORP, over 20 years.

EBRD | December 31, 2024 | By EI News Network |  1110

Azerbaijan Completes First RE Auction, Secures 100 MW Solar Plant

Azerbaijan’s first renewable energy (RE) auction, supported by EBRD, awarded Universal International Holding Ltd. a 100 MW solar project in Garadagh, with a competitive USD 3.540/kWh tariff, marking a significant step toward green energy transition and sustainability.

EBRD | November 22, 2024 | By EI News Network |  612

Sunly Raises Euro 300 Million to Advance Renewable Energy in Baltics and Poland

Sunly has raised €300 million in debt financing to accelerate the construction of 1.3 GW of solar, wind, storage, and hybrid parks across the Baltics and Poland.

EBRD | August 30, 2024 | By News Bureau |  1015

EBRD Facilitates 29 Million Euro Loan to Develop Albania’s First Solar PV Plant

This project will also importantly augment the share of Albania’s solar power generation, assisting further to minimise the effects of climate change.

EBRD | April 25, 2023 | By EI News Network |  2231

EBRD Funds 900 MW of Renewable Power in Uzbekistan

The European Bank for Reconstruction and Development (EBRD) is helping the country develop its significant renewable energy potential by financing the construction of three greenfield solar power plants with total installed capacity of nearly 900 MW.

EBRD | April 10, 2023 | By News Bureau |  1805

EBRD and GCF to Fund USD 100 Mn to Red Sea Wind Energy for New Wind Farm in Gulf of Suez Area

The European Bank for Reconstruction and Development (EBRD) continues its support for Egypt’s green transition by issuing a senior secured loan of up to US$ 100 million to Red Sea Wind Energy.

EBRD | April 07, 2023 | By News Bureau |  2024

Total Eren successfully signed solar photovoltaic project in Uzbekistan

Total Eren, a leading renewable energy Independent Power Producer based in Paris, has successfully signed the financing documentation related to its solar photovoltaic project Tutly of 100 MWac.

EBRD | May 11, 2021 | By News Bureau |  2024

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