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Home » Finance » EBRD Considers Up to USD 180 Million Loan for Masdar’s Solar Projects in Azerbaijan
Finance

EBRD Considers Up to USD 180 Million Loan for Masdar’s Solar Projects in Azerbaijan

By James RichardSeptember 25, 20241 Min Read
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The European Bank for Reconstruction and Development (EBRD) is evaluating a loan of up to USD 180 million (EUR 161.2 million) to support two solar projects in eastern Azerbaijan developed by UAE-based Masdar. The projects, which have a combined capacity of 760 MW, include the 315-MW Banka Solar and the 445-MW Bilasuvar Solar installations. If

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