Global Trade Alert
Global Trade Alert

Japan: JBIC announces a USD 51 million loan agreement to support a wind energy project in Egypt

Announcement

18 Nov 2024

In November 2024, the Japan Bank for International Cooperation signed a USD 51 million agreement with Red Sea Wind Energy SAE 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

18 Nov 2024

Revocation date:

No revocation date

Updated: 18 Nov 2024
Financial assistance in foreign market In force

On 18 November 2024, the Japan Bank for International Cooperation (JBIC) concluded a USD 51 million loan agreement with Red Sea Wind Energy SAE. 

Red Sea Wind Energy SAE is a joint venture ...

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