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Tuesday, 30 May 2017

EBRD offers EUR 350 mn to fund 16 feed-in tariff projects

The European Bank for Reconstruction and Development (EBRD) will present offers to provide EUR 350 mn in funding to finance 16 renewable energy projects as part of the feed-in tariff program on 7 June, Al Mal reports. Catarina Bjorlin Hansen, the bank’s deputy head for Egypt, says EBRD intends to increase the funds allocated to Egypt 25% y-o-y in 2017 to reach EUR 1 bn.

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