28th of December 2020

Sharkawy & Sarhan acted for the European Bank for Reconstruction and Development “EBRD” in relation to the USD 10 million loan to TAQA PV for Solar Energy, the renewable energy arm of TAQA Arabia

We are delighted to announce that Sharkawy & Sarhan acted for the European Bank for Reconstruction and Development (EBRD), as lender’s local counsel, in relation to the USD 10 million loan to TAQA PV for Solar Energy, the renewable energy arm of TAQA Arabia. The loan will finance the construction of a 6 MW solar photovoltaic plant to supply power to the dairy producer Dina Farms, in one of Egypt’s first private-to-private renewable energy projects.

This transaction was led by partner Mohamed Nabil Hazzaa and associate Nesma Abdelbary in our Power, Utilities and Infrastructure team and partner Ahmed Haggag and associate Noha Eissa in our Banking and Finance team.

https://www.ebrd.com/news/2020/ebrd-and-taqa-arabia-promote-privatetoprivate-renewable-energy-in-egypt-.html

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Sharkawy & Sarhan acted for the European Bank for Reconstruction and Development “EBRD” in relation to the USD 10 million loan to TAQA PV for Solar Energy, the renewable energy arm of TAQA Arabia

28th of December 2020

We are delighted to announce that Sharkawy & Sarhan acted for the European Bank for Reconstruction and Development (EBRD), as lender’s local counsel, in relation to the USD 10 million loan to TAQA PV for Solar Energy, the renewable energy arm of TAQA Arabia. The loan will finance the construction of a 6 MW solar photovoltaic plant to supply power to the dairy producer Dina Farms, in one of Egypt’s first private-to-private renewable energy projects.

This transaction was led by partner Mohamed Nabil Hazzaa and associate Nesma Abdelbary in our Power, Utilities and Infrastructure team and partner Ahmed Haggag and associate Noha Eissa in our Banking and Finance team.

https://www.ebrd.com/news/2020/ebrd-and-taqa-arabia-promote-privatetoprivate-renewable-energy-in-egypt-.html

SUBSCRIBE TO OUR NEWSLETTER