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Nubia Benban

Sector: Geothermal • Location: Egypt

Source: European Bank for Reconstruction and Development (EBRD)

Project
Passed Concept Review, Pending Final Review

Provision of senior debt financing of up to USD 70 million in favour of Nefer Benban for Renewable Energy S.A.E (the "Borrower"), a special purpose vehicle ("SPV") incorporated in Egypt for the purpose of developing, constructing and operating  a 200 MW solar photovoltaic ("PV") plant and a 120 MWh Battery Energy Storage System ("BESS") in Benban, near Aswan, Egypt (the "Project").

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The project “Nubia Benban” is an infrastructure initiative in the Geothermal 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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Status

Original status

passed concept review, pending final review

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Description

Description

Provision of senior debt financing of up to USD 70 million in favour of Nefer Benban for Renewable Energy S.A.E (the "Borrower"), a special purpose vehicle ("SPV") incorporated in Egypt for the purpose of developing, constructing and operating  a 200 MW solar photovoltaic ("PV") plant and a 120 MWh Battery Energy Storage System ("BESS") in Benban, near Aswan, Egypt (the "Project").

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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