{"id":623434,"date":"2018-10-30T04:06:36","date_gmt":"2018-10-30T04:06:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/30\/ebrd-to-help-karmsolar-raise-financing-for-10-mw-solar-power-station\/"},"modified":"2018-10-30T04:06:36","modified_gmt":"2018-10-30T04:06:36","slug":"ebrd-to-help-karmsolar-raise-financing-for-10-mw-solar-power-station","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/30\/ebrd-to-help-karmsolar-raise-financing-for-10-mw-solar-power-station\/","title":{"rendered":"EBRD to help KarmSolar raise financing for 10 MW solar power station"},"content":{"rendered":"<p>The European Bank for Reconstruction and Development (EBRD) will be helping KarmSolar raise financing for a 10 MW solar power station that it\u2019s building for a \u201cprominent client,\u201d KarmSolar announced in a <a href=\"https:\/\/ent.news\/2018\/10\/1592.pdf\">press release yesterday (pdf)<\/a>. The company signed a mandate letter with the EBRD for the funding that will also see the latter provide KarmSolar with \u201ctechnical assistance for its governance and compliance efforts to make sure the company is ready for an eventual IPO.\u201d KarmSolar \u2014 which has already signed a power purchase agreement for the station \u2014 is hoping to reach financial close in January 2019, Chairman Amr El Sawaf said. No further details were provided.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European Bank for Reconstruction and Development (EBRD) will be helping KarmSolar raise financing for a 10 MW solar power station that it\u2019s building for a \u201cprominent client,\u201d KarmSolar announced in a press release yesterday (pdf). The company signed a mandate letter with the EBRD for the funding that will also see the latter provide [&hellip;]<\/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":[7207],"tags":[571,93,72,1868,151,7234],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-623434","post","type-post","status-publish","format-standard","hentry","category-energy","tag-ebrd","tag-energy","tag-enterpriseam","tag-karmsolar","tag-renewables","tag-solar-power","wpautop","entry"],"acf":{"mongo_id":"2a0d183e-aaaa-4d38-9619-b3e195785ca0","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"EBRD to help KarmSolar raise financing for 10 MW solar power station","related_issue":[623410],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.b1157d51-7e4a-4ccd-a3fb-fc2467bfca0e.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>EBRD to help KarmSolar raise financing for 10 MW solar power station - 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\/2018\/10\/30\/ebrd-to-help-karmsolar-raise-financing-for-10-mw-solar-power-station\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EBRD to help KarmSolar raise financing for 10 MW solar power station\" \/>\n<meta property=\"og:description\" content=\"The European Bank for Reconstruction and Development (EBRD) will be helping KarmSolar raise financing for a 10 MW solar power station that it\u2019s building for a \u201cprominent client,\u201d KarmSolar announced in a press release yesterday (pdf). The company signed a mandate letter with the EBRD for the funding that will also see the latter provide [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/30\/ebrd-to-help-karmsolar-raise-financing-for-10-mw-solar-power-station\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-30T04:06:36+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/30\/ebrd-to-help-karmsolar-raise-financing-for-10-mw-solar-power-station\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/30\/ebrd-to-help-karmsolar-raise-financing-for-10-mw-solar-power-station\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EBRD to help KarmSolar raise financing for 10 MW solar power station\",\"datePublished\":\"2018-10-30T04:06:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/30\/ebrd-to-help-karmsolar-raise-financing-for-10-mw-solar-power-station\/\"},\"wordCount\":117,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EBRD\",\"energy\",\"EnterpriseAM\",\"KarmSolar\",\"renewables\",\"solar power\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/30\/ebrd-to-help-karmsolar-raise-financing-for-10-mw-solar-power-station\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/30\/ebrd-to-help-karmsolar-raise-financing-for-10-mw-solar-power-station\/\",\"name\":\"EBRD to help KarmSolar raise financing for 10 MW solar power station - 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