Red Sea Wind Energy S.A.E.

Gulf of Suez II Wind Farm Expansion Project - Financing

Industry
Renewable energy/Onshore wind
Area of finance
Project & Infrastructure Finance
Region
Africa
Africa
Countries
Egypt

Project Overview

Red Sea Wind Energy has secured ECA-backed financing for the expansion of the Gulf of Suez 2 onshore wind farm project in Egypt. The Japan Bank for International Cooperation (JBIC) has provided up to $51 million, with co-financing by the European Bank for Reconstruction and Development (EBRD) and...

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Deal Volume
$119m
Financial Close
08/02/2023
Dealmakers
Philippe Tabouis

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Sources
Submitted by participant(s),

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Tranches

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Project Deals

Gulf of Suez II Wind Farm Expansion Project
$106m
Brownfield
Onshore wind
Africa
Africa
Egypt