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Home » Finance » EBRD Leads $275 Million Financing for Africa’s Largest Onshore Wind Farm
Finance

EBRD Leads $275 Million Financing for Africa’s Largest Onshore Wind Farm

By Alexander FosterDecember 25, 20242 Mins Read
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The European Bank for Reconstruction and Development (EBRD) has secured a $275 million syndicated loan to support the construction of Africa’s largest wind farm, a 1.1-gigawatt (GW) facility in Egypt’s Gulf of Suez region. The project, known as Suez Wind, represents a significant milestone in the country’s renewable energy ambitions. Co-financed by a consortium of

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ACWA Power AfDB Africa African Development Bank British International Investment EBRD Egypt Finance Hassan Allam Utilities Infrastructure Onshore Wind
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