Green bond: FMO invests $100 million to underwrite Scatec’s Benban Solar Park
Another European institution has agreed to participate in the landmark issue for the massive Egyptian solar plant.
Someone shares this article with you
▪ Green bond: FMO invests $100 million to underwrite Scatec’s Benban Solar Park
▪ Another European institution has agreed to participate in the landmark issue for the massive Egyptian solar plant.
▪ https://www.africabusinessplus.com/en/811146/green-bond-fmo-provides-100-million-to-underwrite-scatecs-benban-solar-park/
Although this type of instrument is still uncommon on the continent, Scatec ASA‘s green bond issue is attracting lenders. After the European Bank for Reconstruction and Development (EBRD) – which announced its participation last January – it is the turn of the FMO to take part in this operation intended to refinance the Benban Solar Park in the Aswan region.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Renewable energies
26/06/2023 at 16h00, by Africa Business+
Solar energy: Scatec secures $60m for Botswana project
This comes less than a year after the signing of the agreement formalising the project’s launch, which...
Renewable energies
15/05/2023 at 16h23, by Christelle Marot
Scatec’s Release Utilities Africa Holding secures $165m IFC loan and guarantee
The subsidiary of Norwegian energy group Scatec ASA expects approval on 31 July for a major loan to...
Renewable energies
15/03/2023 at 23h16, by Africa Business+
IFC on board for Scatec’s new Green Bond
The Washington-based financial institution has subscribed to over 20% of the latest Green Bond programme...
Development Bank
10/03/2023 at 11h50, by Africa Business+
AfDB issues first NOK1 billion green bond on Norwegian market
The bond will finance green growth and climate transition in Africa, including improving climate resilience,...
Development Bank
18/07/2022 at 17h12, by Africa Business+
After IFC, Platcorp aims for FMO
Eager to strengthen its activities in East Africa, the Mauritius-registered microfinance platform is...
Renewable energies
16/11/2021 at 17h27, by Africa Business+, updated 17/11/2021
EDF, Green Yellow, Meridiam, Scatec and others shortlisted by CI-Energies’ Noumory Sidibé for Touba and Laboa plants
The big names in the sector are present for the final stretch of this solar project in Côte d’Ivoire.
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on 
at the bottom of your screen.
2. Click on 
to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.