News
06 February 2026

CIB Finances €58m Power Plant in Hungary Energy

In:
Power
Region:
Europe , Middle East & Africa

Commercial International Bank Egypt (CIB) has provided €58 million ($62.9 million) in financing to Elsewedy Electric for Energy Projects for the construction of a combined cycle power plant in Hungary, the largest of its kind built in the country in decades. The transaction supports the...

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


Video
26 May 2026

Fengate: What's driving aviation investment

Proximo's In-depth podcast hears from Fengate's Jensen Clarke about the drivers of investment in aviation infrastructure in North America, and what investors need to get right...

Perspective
28 May 2026

Rock Rail NnW: Battery ROSCO combines banks and bonds

John Laing’s €800 million battery-electric ROSCO marks its return to German greenfield PPP. The deal combines a straightforward payment regime with some technology and...