Scatec and EBRD Establish Egypt Renewable Energy Platform
Scatec and the European Bank for Reconstruction and Development signed a share purchase agreement to establish the platform, backed by an EBRD commitment of up to $221 million.
By Staff WriterNorwegian renewable energy developer Scatec and the European Bank for Reconstruction and Development (EBRD) have signed a share purchase agreement to establish a renewable energy investment platform in Egypt, backed by an EBRD commitment of up to $221 million.The platform will be own…