Financial close October 2025: US$153m senior debt from EBRD, Proparco and JICA for the 200MW Ras Ghareb onshore wind farm (Gulf of Suez), backed by a 25-year PPA with EETC and a Ministry of Finance sovereign guarantee; EPC by POWERCHINA. Infinity Power’s second Egyptian wind asset after West Bakr (252MW); commercial operations targeted mid-2027.
Value: US$212m (US$153m debt) (verified against public announcements).
Advisers: No legal adviser is identified in the public record reviewed by The Meridian.
Recorded by The Meridian research desk from public announcements, regulatory filings and financial press coverage. Dates and values are as publicly reported.
