Banks, including IFC, EBRD to begin disbursing Benban funding in August

International lenders, including the International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (EBRD), will begin disbursing some of the USD 2 bn in foreign funding to the solar park of Benban in August, sources said. Companies who have received financing from these banks, will see an initial disbursement of some EUR 20-30 mn to finance construction of the solar plants, they added.