{"id":591973,"date":"2019-12-23T04:29:42","date_gmt":"2019-12-23T04:29:42","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/23\/ebrd-closes-acquisition-of-20-stake-in-egypts-infinity-solar\/"},"modified":"2019-12-23T04:29:42","modified_gmt":"2019-12-23T04:29:42","slug":"ebrd-closes-acquisition-of-20-stake-in-egypts-infinity-solar","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/23\/ebrd-closes-acquisition-of-20-stake-in-egypts-infinity-solar\/","title":{"rendered":"EBRD closes acquisition of 20% stake in Egypt\u2019s Infinity Solar"},"content":{"rendered":"

<\/a> M&A WATCH- EBRD closes acquisition of 20% stake in Infinity Solar: <\/strong>The European Bank for Reconstruction and Development (EBRD) has reportedly acquired a 20% stake in Infinity Solar worth USD 60 mn, a source close to the matter told Al Mal<\/a>. The EBRD announced the investment last October<\/a>. It will add to infinity\u2019s renewable energy plants, which include one solar plant in 6 October\u2019s Green Belt<\/a>, four in phases one and two of Aswan\u2019s Benban park, and another one in Aswan.<\/p>\n","protected":false},"excerpt":{"rendered":"

M&A WATCH- EBRD closes acquisition of 20% stake in Infinity Solar: The European Bank for Reconstruction and Development (EBRD) has reportedly acquired a 20% stake in Infinity Solar worth USD 60 mn, a source close to the matter told Al Mal. The EBRD announced the investment last October. It will add to infinity\u2019s renewable energy […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[93,72,7087,125,10811,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-591973","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-energy","tag-enterpriseam","tag-finance","tag-investment-watch","tag-mas","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"4d5ededd-a277-480c-9840-2ed3c8837aef","is_powered_by":true,"section_story_id":"15270cdf-10e3-4d5f-b01c-d04c27c6bcf3","story_type":"1","photo_url":"","photo_position":"above","related_issue":[591963],"teaser":"","voice_url":""},"yoast_head":"\nEBRD closes acquisition of 20% stake in Egypt\u2019s Infinity Solar - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/23\/ebrd-closes-acquisition-of-20-stake-in-egypts-infinity-solar\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EBRD closes acquisition of 20% stake in Egypt\u2019s Infinity Solar\" \/>\n<meta property=\"og:description\" content=\"M&A WATCH- EBRD closes acquisition of 20% stake in Infinity Solar: The European Bank for Reconstruction and Development (EBRD) has reportedly acquired a 20% stake in Infinity Solar worth USD 60 mn, a source close to the matter told Al Mal. The EBRD announced the investment last October. It will add to infinity\u2019s renewable energy […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/23\/ebrd-closes-acquisition-of-20-stake-in-egypts-infinity-solar\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-23T04:29:42+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/23\/ebrd-closes-acquisition-of-20-stake-in-egypts-infinity-solar\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/23\/ebrd-closes-acquisition-of-20-stake-in-egypts-infinity-solar\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EBRD closes acquisition of 20% stake in Egypt\u2019s Infinity Solar\",\"datePublished\":\"2019-12-23T04:29:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/23\/ebrd-closes-acquisition-of-20-stake-in-egypts-infinity-solar\/\"},\"wordCount\":91,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\",\"Finance\",\"investment watch\",\"M&As\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/23\/ebrd-closes-acquisition-of-20-stake-in-egypts-infinity-solar\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/23\/ebrd-closes-acquisition-of-20-stake-in-egypts-infinity-solar\/\",\"name\":\"EBRD closes acquisition of 20% stake in Egypt\u2019s Infinity Solar - 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The SCZone plant will be operational by 2026, they said in a statement (pdf). The investment\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593969,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/15\/ebrd-could-invest-usd-60-mn-in-infinity-solar-projects\/","url_meta":{"origin":591973,"position":2},"title":"EBRD could invest USD 60 mn in Infinity Solar projects","author":"enterpriseam admin","date":"15 October 2019","format":false,"excerpt":"The European Bank for Reconstruction and Development (EBRD) could invest USD 60 mn in Infinity Solar to develop new renewable energy projects, it said in a statement. The bank plans to invest in electricity distribution infrastructure and EV charging stations, in addition to either new solar plants or onshore wind\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":567248,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/16\/ebrd-invests-usd-60-mn-in-egypts-infinity-energy\/","url_meta":{"origin":591973,"position":3},"title":"EBRD invests USD 60 mn in Egypt\u2019s Infinity Energy","author":"enterpriseam admin","date":"16 January 2020","format":false,"excerpt":"INVESTMENT WATCH- EBRD invests USD 60 mn in Egypt\u2019s Infinity Energy: The European Bank for Reconstruction and Development (EBRD) has become a shareholder in Infinity Energy after investing USD 60 mn equity in the energy company, according to an official statement. The new investment is earmarked for developing renewable energy\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":604671,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/10\/egypts-b-investments-mulling-usd-15-20-mn-acquisition-in-benban-solar-plant\/","url_meta":{"origin":591973,"position":4},"title":"Egypt\u2019s B Investments mulling USD 15-20 mn acquisition in Benban solar plant","author":"enterpriseam admin","date":"10 December 2018","format":false,"excerpt":"M&A WATCH- B Investments eyes 50% stake in 50 MW Benban solar plant: Private equity firm B Investments is looking to acquire a 50% stake in a 50 MW Benban solar plant for USD 15-20 mn, CEO Hazem Barakat told Al Mal. 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