News
16 January 2020

EBRD invests $60m in Egypt's Infinity Energy

In:
Renewable energy, Traditional energy
Region:
Middle East & Africa

The European Bank for Reconstruction and Development is investing $60 million to become a shareholder in Egyptian private energy company Infinity Energy through the issuance of new shares. 

The funds will go towards developing the company’s pipeline of renewable energy and electricity distribution projects as well as electric vehicles charging stations. 

This investment comes in parallel to the signature of a joint venture agreement between Infinity Energy and Abu Dhabi Future Energy Company PJSC (Masdar), under which Masdar will invest in Infinity Energy’s portfolio of renewable assets, and partner with Infinity in upcoming renewable energy projects in Egypt and Africa

The investment will contribute to Egypt's ongoing energy transition by supporting the growth of renewable energy.

You might also like


Perspective
20 June 2025

CAF pushes the MDB hybrid envelope – but will others follow?

Latin American's CAF made headlines with its $500 million perpetual non-call 5.5-year hybrid this month. The entry of hybrid capital is the latest in a line of innovations...

Perspective
24 June 2025

Riding the gusts: Poland progresses offshore wind ambitions

Equinor and Polenergia have closed a landmark project financing for Baltyk 2&3 amid a flurry of activity in the offshore wind sector. Poland has big ambitions to establish a...