Global Trade Alert
Global Trade Alert

Japan: JBIC announces loan agreement with Red Sea Wind Energy S.A.E.

Announcement

06 Mar 2023

In March 2023, the Japan Bank for International Cooperation (JBIC) signed a loan agreement of USD 240 million with Red Sea Wind Energy S.A.E. to finance an onshore wind power generation project in Egypt.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

06 Mar 2023

Revocation date:

No revocation date

Updated: 06 Mar 2023
Financial assistance in foreign market In force

On 6 March 2023, the Japan Bank for International Cooperation (JBIC) signed a loan agreement with Red Sea Wind energy S.A.E. for USD 240 million. The loan is used for financing an onshore wind powe...

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