EIB, Alexbank Offers $15m Finance to Cut Energy Bills in Egypt

The European Investment Bank (EIB) and Alexbank, a bank of Intesa Sanpaolo group, made public on…

Egypt Solar project by ACWA Power Secures $123mln Financing

On Tuesday, Saudi Arabian integrated utility developer ACWA Power, partly owned by the Public Investment Fund…

RSWE Seals Financing for 500 MW Wind Farm in the Gulf of Suez

Red Sea Wind Energy (RSWE) has completed another significant step in the development of its second…

Fin Close Achieved on 500-MW Wind Project in Egypt

The development partnership behind the 500 MW Gulf of Suez 2 wind farm near Ras Ghareb,…

EU, Egypt Strengthens Partnership with Green Hydrogen Pact

The European Union and Egypt form an alliance for hydrogen production. The collaboration will help the…

$400m to Decarbonize Transport Between Cairo and Alexandria

The World Bank lends $400 million to strengthen the railway line between Alexandria and Cairo. The…

MIGA to Provide $98m to Support Six Solar Farms in Egypt

MIGA to support the development of solar plants in Egypt. Virtuo Finance will manage the transaction.…

Scatec Sponsors 6 Power Plants in Egypt

The plants will be refinanced under the green project bond. The plants will have a combined…

Consortium to Develop 500MW Wind Farm in Egypt

Orascom Construction has signed a 25% stake in a 500MW wind project in Egypt. The farm…

Albania Launches First Ever Wind Energy Tender

Albania launches call for tender for 100MW of wind projects. The Selected bidders are to be…