EBRD Steps-Up Wind Power Generation In Uzbekistan With $520 million Funding Updated On Wed, Dec 14th, 2022 by Saurenergy The European Bank for Reconstruction and Development (EBRD) has announced a fresh deal to support Uzbekistan’s renewable energy through investment in low-carbon technologies to help align the country’s power-sector development with its commitments under the Paris Agreement. EBRD has said that it has arranged two syndicated loans worth $520 million to help construct and put […] Read more
EBRD Raises Stake in Infinity- Egypt’s Largest RE Provider Updated On Thu, Nov 17th, 2022 by Saurenergy The European Bank for Reconstruction and Development (EBRD) has announced that it is increasing its equity stake in Infinity, Egypt’s largest renewable energy developer, through an additional $ 41.5 million commitment. The EBRD is already a shareholder in the company, having invested US$ 60 million in 2020. EBRD said that $41.5 million will support Infinity’s plans […] Read more
Galata Wind Gets $45 Million EBRD Loan For Wind Projects Updated On Tue, Nov 1st, 2022 by Saurenergy The European Bank for Reconstruction and Development (EBRD) is extending up to $ 45 million in financing to Turkish firm Galata Wind Enerji AS to boost the company’s wind capacity and accelerate Turkey’s transition to a clean energy future. According to the official statement of Galata Wind, the new loan from EBRD will finance up […] Read more
ACWA Power, EBRD sign pact for Renewable Energy Infra Projects Updated On Tue, Nov 1st, 2022 by Saurenergy Key Saudi Arabian power generator and RE player ACWA Power Company has announced that it has signed a Memorandum of Understanding to finance sustainable infrastructure projects with the European Bank for Reconstruction and Development (EBRD). The pact was announced on the side lines of the Future Investment Initiative Forum, which took place in Riyadh. The […] Read more
European Bank To Invest $21.4M In Azerbaijan’s Solar Plant Updated On Wed, Aug 3rd, 2022 by Saurenergy The European Bank for Reconstruction and Development (EBRD), the Asian Development Bank (ADB), the Japan International Cooperation Agency (JICA), and the Abu Dhabi Fund for Development (ADFD) have all approved a finance package of $114.2 million (USD) to help Azerbaijan diversify its energy mix. The funds will facilitate a 230 MW photovoltaic (PV) solar power […] Read more
EBRD Issues 600 Mn Euro Green Bonds Updated On Fri, Jan 4th, 2019 by Saurenergy The proceeds of EBRD’s bonds are earmarked to support a specific portfolio of environmentally and socially sustainable projects. The European Bank for Reconstruction and Development (EBRD) has issued a five-year 600 million euro ($685 million) green bond, the bank said in a statement. This transaction represents EBRD’s inaugural benchmark Green Bond in the EUR market, […] Read more
Risen Energy Gets Financing from EBRD for 63MW Solar Project in Kazakhstan Updated On Sat, May 26th, 2018 by Saurenergy The construction of the greenfield 63 MW solar project will kick off in the month of September and is expected to be completed in June next year. Chinese solar panel maker Risen Energy has signed a mandate letter with the European Bank for Reconstruction and Development (EBRD) for financing the construction of a 63 MW solar […] Read more
