EBRD and Partners Back Egypt’s Ras Ghareb Wind Project with $74 Million Package

The European Bank for Reconstruction and Development (EBRD) has committed $74.1 million in financing to support the development of a 200-megawatt wind power project in Ras Ghareb, Egypt, in partnership with regional and international institutions. The project, a collaboration between Infinity Power and Masdar, marks Infinity Power’s first greenfield wind development in Egypt. It forms