EBRD Backs 200 MW Ras Ghareb Wind Farm, Advancing Egypt’s 10 GW Renewable Energy Target by 2028 The European Bank for Reconstruction and Development (EBRD) has approved $74.1 million to develop a 200 MW wind farm in Ras Ghareb, reinforcing Egypt’s ambitions to expand its renewable energy capacity. The project will be led by Infinity Power and Masdar, supported by a senior EBRD loan of up to $60.7 million, a $3.38 million concessional loan from
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