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EBRD earmarks $250mln for MENA renewables projects

Image Credit: BioTherm Energy

The European Bank for Reconstruction and Development is earmarking $250 million in debt and equity finance for private sector investment in renewable energy projects in the North African countries of Tunisia, Morocco and Egypt. The Climate Investment Funds’ Clean Technology Fund and the Global Environment Facility are both investing alongside the facility providing $35 million and $10 million respectively.

Read more at Reuters…

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