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Egypt’s EFG Hermes Sells U.K. Solar Assets For More Than $600 Million

Egyptian investment bank EFG-Hermes Holding Co. sold a controlling stake in a U.K. solar-energy portfolio to a Malaysian utility in a deal that values the assets at 500 million pounds ($647 million) EFG-Hermes’s private equity arm sold the stake in Vortex III, a photovoltaic portfolio with 365 megawatts of capacity, to TNB International, a subsidiary […]

Construction of 5 solar parks underway across Iran -EQ