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Kom Ombo

Sector: Solar • Location: Egypt

Source: European Bank for Reconstruction and Development (EBRD)

Project
Repaying

Provision of a senior debt financing of up to USD 36 million, in addition to an equity bridge loan of up to USD 14 million, to finance the construction and development of a 200 MW solar PV project located in Kom Ombo, Egypt. The Project will be one of the largest privately developed utility scale solar plants in Egypt and will support the country in increasing its renewable energy capacity. This p

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The project “Kom Ombo” is an infrastructure initiative in the Solar sector, located in Egypt. Taiyo aggregates data on it from European Bank for Reconstruction and Development (EBRD).

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Participants

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Description

Description

Provision of a senior debt financing of up to USD 36 million, in addition to an equity bridge loan of up to USD 14 million, to finance the construction and development of a 200 MW solar PV project located in Kom Ombo, Egypt. The Project will be one of the largest privately developed utility scale solar plants in Egypt and will support the country in increasing its renewable energy capacity. This project was originally approved by Board in November 2020 and signed in April 2021. Project cost has increased since signing from USD 157 million to USD 173 million, while EBRD financing amounts have not changed.

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Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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