Actis lines up financing for Gabal el Zeit acquisition

In:

Renewables

Region:

Middle East & Africa

UK equity investment firm Actis is lining up $250 million of green loans ahead of acquiring the second phase of the Gabal el Zeit wind farm in Egypt.The company’s planned credit lines from a mix of Chinese and EU lenders will finance the bulk of the acquisition, and it will need a further $100...

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