Brief: Scatec And EBRD Establish Renewable Energy Investment Platform In Egypt
BRIEF-Scatec And EBRD Establish Renewable Energy Investment Platform In Egypt Oct 23 (Reuters) - Scatec ASA SCATC.OL
SAID ON THURSDAY SCATEC AND EBRD ESTABLISH RENEWABLE ENERGY INVESTMENT PLATFORM IN EGYPT
PLATFORM WILL BE OWNED 60% BY SCATEC AND 40% BY EBRD
EBRD HAS COMMITTED UP TO USD 221 MILLION TO THE PLATFORM, OF WHICH APPROXIMATELY USD 170 MILLION AS EQUITY AND THE REMAINING AS PROJECT-LEVEL GUARANTEES
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