Search Results

Funding of both plants will be provided by the European Bank for Reconstruction and Development (EBRD) and Proparco, a subsidiary of the French Development Agency, specialised in investments in southern countries... We are proud to support the energy transition in Egypt thanks to renewable projects with a local industrial partner, which is in line with the Group's CAP 2030 strategy".

According to the World Bank, approximately 600 million people live without a reliable energy source. Through today 's agreement, Masdar and EDF SA hope to expand their portfolio in Africa while promoting local socio-economic development.

According to the World Bank, approximately 600 million people live without a reliable energy source. Through today 's agreement, Masdar and EDF SA hope to expand their portfolio in Africa while promoting local socio-economic development.

According to the World Bank, approximately 600 million people live without a reliable energy source... Masdar and EDF SA hope to expand their portfolio in Africa while promoting local socio-economic development ." Masdar is committed to achieving commercially viable, sustainable access to energy, "said Bader Al Lamki.

The lender group coordinated by IFC includes 11 development finance institutions and 4 local commercial banks. IFC was involved as a partner at an early stage to help develop the project through IFC InfraVentures and is the global coordinator of the financing package .

EDF announces the signature of a new credit facility indexed on social indicators and syndicated with 9 banks... This new credit line, in which 9 European and North American relationship banks are participating, reaffirms the central role of sustainable finance tools in EDF's financing strategy. Bank of America and Natixis acted as ESG Coordinators, Crédit Agricole Corporate & Investment Bank as documentation agent and facility agent and Société Générale as syndication agent.

The overall Environmental and Social Program complies with, and in some cases exceeds, the safeguard requirements of the World Bank (WB) and the Asian Development Bank (ADB). These two agencies are also financiers of the hydropower project, together with Agence Française de Développement, the European Investment Bank and 27 banks from the private sector (the lenders).