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EBRD backs up to USD 63.5 million financing for Nefer Benban solar and battery project
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EBRD backs up to USD 63.5 million financing for Nefer Benban solar and battery project
  • EBRD will provide financing of up to USD 63.5 million to Nefer Benban for Renewable Energy for Egypt’s Benban solar-storage project.
  • The package comprises up to USD 56 million from the bank’s own funds and USD 7.5 million in Clean Technology Fund concessional financing.
  • The borrower, owned by Infinity Power and HAU Energy, will build a 258.5 MWp solar plant with 120 MWh battery storage.
  • A separate USD 65 million construction bridge loan agreed with HAU Energy in April 2026 will finance the project’s development and construction.
  • DEG is matching the bank’s contribution to an aggregate debt package of up to USD 127 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EBRD - European Bank for Reconstruction and Development published the original content used to generate this news brief on November 09, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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