{"id":628950,"date":"2018-05-17T04:11:41","date_gmt":"2018-05-17T04:11:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/banks-including-ifc-ebrd-to-begin-disbursing-benban-funding-in-august\/"},"modified":"2018-05-17T04:11:41","modified_gmt":"2018-05-17T04:11:41","slug":"banks-including-ifc-ebrd-to-begin-disbursing-benban-funding-in-august","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/banks-including-ifc-ebrd-to-begin-disbursing-benban-funding-in-august\/","title":{"rendered":"Banks, including IFC, EBRD to begin disbursing Benban funding in August"},"content":{"rendered":"

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<\/a>. 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.<\/p>\n","protected":false},"excerpt":{"rendered":"

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 […]<\/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":[93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-628950","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"3f76f917-0c5f-4d7d-8311-d5670a7970fa","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Banks, including IFC, EBRD to begin disbursing Benban funding in August","related_issue":[628925],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.2a5d704a-8964-4347-99d3-6c277e166c03.mp3"},"yoast_head":"\nBanks, including IFC, EBRD to begin disbursing Benban funding in August - 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\/05\/17\/banks-including-ifc-ebrd-to-begin-disbursing-benban-funding-in-august\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banks, including IFC, EBRD to begin disbursing Benban funding in August\" \/>\n<meta property=\"og:description\" content=\"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 […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/banks-including-ifc-ebrd-to-begin-disbursing-benban-funding-in-august\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-17T04:11:41+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\/2018\/05\/17\/banks-including-ifc-ebrd-to-begin-disbursing-benban-funding-in-august\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/banks-including-ifc-ebrd-to-begin-disbursing-benban-funding-in-august\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Banks, including IFC, EBRD to begin disbursing Benban funding in August\",\"datePublished\":\"2018-05-17T04:11:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/banks-including-ifc-ebrd-to-begin-disbursing-benban-funding-in-august\/\"},\"wordCount\":76,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/banks-including-ifc-ebrd-to-begin-disbursing-benban-funding-in-august\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/17\/banks-including-ifc-ebrd-to-begin-disbursing-benban-funding-in-august\/\",\"name\":\"Banks, including IFC, EBRD to begin disbursing Benban funding in August - 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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":639384,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/29\/ifc-channels-usd-653-mn-loan-to-benban-solar-complex\/","url_meta":{"origin":628950,"position":2},"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). The IFC is leading a consortium of nine international banks,\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":593884,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/13\/karmsolar-signs-egp-230-mn-loan-agreement-with-banque-misr\/","url_meta":{"origin":628950,"position":3},"title":"KarmSolar signs EGP 230 mn loan agreement with Banque Misr","author":"enterpriseam admin","date":"13 October 2019","format":false,"excerpt":"KarmSolar has signed a EGP 230 mn loan agreement with Banque Misr to build 24 MW solar power plants, CEO Ahmed Zahran told the local press. Zahran did not say how many plants the company will establish with the money. KarmSolar is also in talks with five local and international\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":639477,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/30\/egypt-seals-usd-635-mn-funding-agreement-with-ifc-for-benban-solar-power-complex\/","url_meta":{"origin":628950,"position":4},"title":"Egypt seals USD 635 mn funding agreement with IFC for Benban solar power complex","author":"enterpriseam admin","date":"30 October 2017","format":false,"excerpt":"Egypt seals USD 635 mn funding agreement with IFC for Benban solar power complex: Investment Minister Sahar Nasr signed a USD 653 mn debt package agreement with the International Finance Corporation (IFC) to fund the development of 13 solar power plants at the Benban complex, according to an official statement.\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":546160,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/05\/ebrd-buys-into-scatecs-green-bond-issuance\/","url_meta":{"origin":628950,"position":5},"title":"EBRD buys into Scatec\u2019s green bond issuance","author":"enterpriseam admin","date":"5 May 2022","format":false,"excerpt":"The European Bank for Reconstruction and Development (EBRD) has confirmed that it is snapping up to USD 100 mn worth of Scatec\u2019s USD 334.5 mn green bond issuance to refinance its six solar plants in Benban. 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