The European Bank for Reconstruction and Development (EBRD) will present offers to provide EUR 350 mn in funding to finance 16 renewable energy projects as part of the feed-in tariff program on 7 June, Al Mal reports. Catarina Bjorlin Hansen, the bank's deputy head for Egypt, says EBRD intends to increase the funds allocated to Egypt 25% y-o-y in 2017 to reach EUR 1 bn.

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