European Bank for Reconstruction and Development

Built World

Lender providing up to $145 million

Alcazar Energy Partners closed $436 million in debt on Nov. 9 for two wind farms on Egypt's Red Sea coast, moving the $626 million Niat and Rasgha projects into construction. The farms will have 500 megawatts of capacity and 100 Siemens Gamesa turbines, with commercial operation targeted for the end of 2028.

Updated 2 hours ago

Money Moves

Invested $100 million in Banque du Caire's IPO, which completed on November 2.

Banque du Caire sold 45% of itself for EGP 36.37 billion and began trading on the Egyptian Exchange on November 2, the largest public offering in the market's history. The shares closed their first session at EGP 5.31, up 0.19% from the EGP 5.30 offer price, after rising as high as EGP 5.68.

Updated 7 days ago