News
06 February 2026

CIB Finances €58m Power Plant in Hungary Energy

In:
Power
Region:
Middle East & Africa, Europe

Commercial International Bank Egypt (CIB) has provided €58 million ($62.9 million) in financing to Elsewedy Electric for Energy Projects for the construction of a combined cycle power plant in Hungary, the largest of its kind built in the country in decades. The transaction supports the...

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