News
19 December 2025

AMEA, Kyuden pen $700m deal for solar, Bess project in Egypt

In:
Power, Renewables
Region:
Middle East & Africa

AMEA Power and Japan's Kyuden International have signed over $700 million in financing for the construction of a 1,000MW solar PV and 600MWh battery energy storage project in Aswan, Egypt.The senior debt package of approximately $570 million is arranged by IFC using funds from Cassa Depositi e...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
11 May 2026

Creative offtakes to drive Europe's BESS boom

A combination of cheaper input costs, a benevolent policy environment and plentiful equity is driving a surge in battery storage financings in Europe. But sponsors have had to...

Perspective
15 May 2026

Jabiru-1: Sky high disputes for satellite project finance

The financial fallout from NewSat's failed Jabiru-1 satellite project financing could be stratospheric. Investors are claiming $1 billion or more in damages from banks in an...