EBRD and ONEE Sign €300 Million Sustainability-Linked Loan to Support Morocco’s Energy Transition
The European Bank for Reconstruction and Development (EBRD) has partnered with Morocco's Office National de l’Electricité et de l’Eau potable (ONEE) to secure a €300 million loan aimed at enhancing Morocco’s energy sector and accelerating its transition to a low-carbon economy. This milestone agreement marks the first sustainability-linked loan (SLL)...
EBRD, AfDB & BII Back Egypt’s 1.1 GW Solar and Battery Storage Project
The European Bank for Reconstruction and Development (EBRD), African Development Bank (AfDB), and British International Investment (BII) have committed a total of $ 479.1 million to Obelisk Solar Power SAE, a special-purpose vehicle owned by Scatec ASA, to support the development of Egypt’s first-ever utility-scale solar photovoltaic (PV) power plant...
IFC Provides $92M Loan to Winchai for Renewable Energy Expansion in Southeast Asia
The International Finance Corporation (IFC) is providing a loan package of up to THB3,140 million (approximately $92 million) to Winchai Company Limited, a wholly-owned subsidiary of Sermsang Power Corporation Public Company Limited (SSP), to support the development and operation of renewable energy projects in Thailand and the broader Southeast Asian...
EBRD and ProCredit Bank Partner to Advance Green Investments in Bulgaria and Greece
The European Bank for Reconstruction and Development (EBRD) has announced a €14 million portfolio guaranteein collaboration with ProCredit Bank Bulgaria EAD (PCBB), a commercial bank operating in Bulgaria and Greece. This funding will support PCBB in expanding new lending aimed at financing green investments in energy efficiencyand renewable energy across...