Egypt: Ebrd Backs Fresh $74 Mln Wind Farm

The European Bank for Reconstruction and Development (EBRD) has approved a new $74.1 million financing package to support the development of a 200-megawatt (MW) wind farm in Ras Ghareb, further boosting Egypt’s renewable energy drive, the bank announced on Thursday 18/9/2025.

The project, jointly owned by Infinity Power and Masdar, includes an EBRD senior loan of up to $60.7 million, a concessional loan of $3.38 million from the Green Climate Fund (GCF), and an investment grant worth $10 million….