News
19 November 2024

Red Sea Wind Energy signs ECA-backed Gulf of Suez 2 financing

In:
Renewables
Region:
Middle East & Africa

Red Sea Wind Energy has secured ECA-backed financing for the expansion of the Gulf of Suez 2 onshore wind farm project in Egypt.JBIC provided up to $51 million, with co-financing by EBRD, SMBC, Norinchukin Bank, and Societe Generale bringing the total amount to around $106 million. NEXI is backing...

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