Tuesday, July 15, 2025 UTC

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DFIs Support Solar and Battery Storage Project in Egypt with $476m

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Description

994 The African Development Bank, European Bank for Development and Reconstruction (EBRD), and the British International Investment (BII), the UK’s development finance institution and impact investor, have agreed to provide $479.1m to Obelisk Solar Power SAE, a special purpose vehicle incorporated in Egypt, and owned by Scatec ASA.
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