{"id":594422,"date":"2019-10-29T04:11:28","date_gmt":"2019-10-29T04:11:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/29\/egypts-usd-4-bn-benban-solar-power-park-is-now-complete\/"},"modified":"2019-10-29T04:11:28","modified_gmt":"2019-10-29T04:11:28","slug":"egypts-usd-4-bn-benban-solar-power-park-is-now-complete","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/29\/egypts-usd-4-bn-benban-solar-power-park-is-now-complete\/","title":{"rendered":"Egypt\u2019s USD 4 bn Benban solar power park is now complete"},"content":{"rendered":"

Ladies and gentlemen, the USD 4 bn Benban solar power park is complete.<\/b> Built over the course of more than two years, all the plots at Africa\u2019s largest solar park are now operational, the European Bank for Reconstruction and Development (EBRD) said yesterday. The EBRD, the project\u2019s largest financial backers, produced a video showing the \u201cmodern-day miracle\u201d from space, including a timelapse of its development (watch, runtime: 4:01<\/a>).<\/p>\n","protected":false},"excerpt":{"rendered":"

Ladies and gentlemen, the USD 4 bn Benban solar power park is complete. Built over the course of more than two years, all the plots at Africa\u2019s largest solar park are now operational, the European Bank for Reconstruction and Development (EBRD) said yesterday. The EBRD, the project\u2019s largest financial backers, produced a video showing the […]<\/p>\n","protected":false},"author":1,"featured_media":594423,"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":[9004],"tags":[72,150,151,2388],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-594422","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-worth-watching","tag-enterpriseam","tag-renewable-energy","tag-renewables","tag-worth-watching","wpautop","entry"],"acf":{"mongo_id":"ee612ac9-4178-4dbb-bdf8-17801fa0a989","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2019\/10\/2824.jpg","photo_position":"above","related_issue":[594399],"teaser":"","voice_url":""},"yoast_head":"\nEgypt\u2019s USD 4 bn Benban solar power park is now complete - 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\/10\/29\/egypts-usd-4-bn-benban-solar-power-park-is-now-complete\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s USD 4 bn Benban solar power park is now complete\" \/>\n<meta property=\"og:description\" content=\"Ladies and gentlemen, the USD 4 bn Benban solar power park is complete. Built over the course of more than two years, all the plots at Africa\u2019s largest solar park are now operational, the European Bank for Reconstruction and Development (EBRD) said yesterday. The EBRD, the project\u2019s largest financial backers, produced a video showing the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/29\/egypts-usd-4-bn-benban-solar-power-park-is-now-complete\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-29T04:11:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2019\/10\/2824.jpg?fit=%2C&ssl=1\" \/>\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\/10\/29\/egypts-usd-4-bn-benban-solar-power-park-is-now-complete\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/29\/egypts-usd-4-bn-benban-solar-power-park-is-now-complete\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s USD 4 bn Benban solar power park is now complete\",\"datePublished\":\"2019-10-29T04:11:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/29\/egypts-usd-4-bn-benban-solar-power-park-is-now-complete\/\"},\"wordCount\":79,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/29\/egypts-usd-4-bn-benban-solar-power-park-is-now-complete\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2019\/10\/2824.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"renewable energy\",\"renewables\",\"worth watching\"],\"articleSection\":[\"Worth watching\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/29\/egypts-usd-4-bn-benban-solar-power-park-is-now-complete\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/29\/egypts-usd-4-bn-benban-solar-power-park-is-now-complete\/\",\"name\":\"Egypt\u2019s USD 4 bn Benban solar power park is now complete - 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The lender will contribute USD\u2026","rel":"","context":"In "Green economy"","block_context":{"text":"Green economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/green-economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/323.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":602229,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/21\/benban-solar-park-brings-optimism-but-egypt-has-a-way-to-go-to-reach-its-renewable-energy-goals\/","url_meta":{"origin":594422,"position":2},"title":"Benban solar park brings optimism, but Egypt has a way to go to reach its renewable energy goals","author":"enterpriseam admin","date":"21 March 2019","format":false,"excerpt":"Egypt\u2019s 1.8 GW Benban solar power park will soon become \u201ca source of renewal as vital as the [Nile] river,\u201d says the European Bank for Reconstruction and Development (EBRD). Construction of the 37 sqkm park, in which the EBRD has invested USD 500 mn, could mark the beginning of an\u2026","rel":"","context":"In "Worth reading"","block_context":{"text":"Worth reading","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-reading\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/8\/262.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":628950,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/banks-including-ifc-ebrd-to-begin-disbursing-benban-funding-in-august\/","url_meta":{"origin":594422,"position":3},"title":"Banks, including IFC, EBRD to begin disbursing Benban funding in August","author":"enterpriseam admin","date":"17 May 2018","format":false,"excerpt":"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\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":591973,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/23\/ebrd-closes-acquisition-of-20-stake-in-egypts-infinity-solar\/","url_meta":{"origin":594422,"position":4},"title":"EBRD closes acquisition of 20% stake in Egypt\u2019s Infinity Solar","author":"enterpriseam admin","date":"23 December 2019","format":false,"excerpt":"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\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":639384,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/29\/ifc-channels-usd-653-mn-loan-to-benban-solar-complex\/","url_meta":{"origin":594422,"position":5},"title":"IFC channels USD 653 mn loan to Benban solar complex","author":"enterpriseam admin","date":"29 October 2017","format":false,"excerpt":"The International Finance Corporation (IFC) will announce today a USD 653 mn debt package to finance the development of 13 solar power plants part of the feed-in tariff program in Benban, the IFC said in a statement this morning (pdf). 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