European Bank for Reconstruction and Development Considers Loan for 1,100 MW Wind Scheme in Egypt

The European Bank for Reconstruction and Development (EBRD) is evaluating the possibility of providing a loan for the construction, commissioning, and operation of an 1,100 MW wind project in Egypt. The scheme is to be developed by Suez Wind Energy, spanning two plots in the Gulf of Suez—a northern and a southern site. This consideration