Norway’s Scatec on 28 April announced it had raised $334.5mn via a 19-year ‘green bond’ to refinance debt related to 380MW of solar PV capacity at Egypt’s 1.48GW Benban park in southern Egypt.
Key investors included $100mn from the London-based EBRD multilateral lender, which also provided a $30mn “Credit Enhancement Facility (CEF) for participating institutional investors” (MEES, 14 January). (CONTINUED - 193 WORDS)
