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IFC and MIGA fund 252 MW wind farm by Lekela in Egypt

IFC and MIGA, members of the World Bank Group, signed an agreement to support the development of a 252-megawatt wind farm by Lekela in Egypt’s Red Sea governorate. IFC will provide $84 million in financing while MIGA will offer $122 million in financial guarantees, helping to bolster the production of clean energy, lower generation costs, […]

Construction of 5 solar parks underway across Iran -EQ