News
07 March 2019

EuroAfrica Interconnector seeks financing

In:
Power
Region:
Middle East & Africa, Europe

The EuroAfrica Interconnector – a $3.5 billion HVDC submarine power cable project spanning Egypt, Cyprus and Greece – has put out feelers to commercial banks and DFI's, including the EBRD, for project financing. Lenders are expected to be mandated toward the end of 2019.The project...

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