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EBRD backs up to USD 63.5 million financing for Nefer Benban solar and battery project

PUBT·11/09/2026 12:02:34
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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.