Japanese, European banks extend US$501mn for Egypt wind project
- Date: 06-Mar-2023
- Source: Global Trade Review
- Sector:Financial Markets
- Country:Egypt
Japanese, European banks extend US$501mn for Egypt wind project
The developers of a wind farm in Egypt have secured a US$501mn export credit agency-backed financing deal from a consortium of lenders. Red Sea Wind Energy – a joint venture of Japan’s Toyota Tsusho and its subsidiary Eurus Energy, France’s Engie and Egyptian firm Orascom Construction – has obtained the loan for a 500 megawatt ...
The post Japanese, European banks extend US$501mn for Egypt wind project appeared first on Global Trade Review (GTR).
The developers of a wind farm in Egypt have secured a US$501mn export credit agency-backed financing deal from a consortium of lenders. Red Sea Wind Energy – a joint venture of Japan’s Toyota Tsusho and its subsidiary Eurus Energy, France’s Engie and Egyptian firm Orascom Construction – has obtained the loan for a 500 megawatt ...
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