Red Sea Wind Energy

Gulf of Suez Ras Ghareb Wind Farm Extension - EBRD Direct Loan

Borrower(s)
Red Sea Wind Energy
Industry
Renewables/Onshore wind
Area of finance
Project & Infrastructure Finance
Region
Africa
Africa
Countries
Egypt

Project Overview

The European Bank for Reconstruction and Development is financing 500 MW wind power project in the Gulf of Suez, Egypt. The project will contribute significantly to the transition to a low-carbon economy in Egypt. 

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Deal Volume
$50m
Financial Close
09/08/2020
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Tranches

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Project Deals

Gulf of Suez Ras Ghareb Wind Farm Extension
$680m
Greenfield
Onshore wind
Africa
Africa
Egypt