Cairo 3A Battery

Cairo 3A Battery Project - Financing

Borrower(s)
Cairo 3A Battery
Industry
Power/Battery storage
Area of finance
Project & Infrastructure Finance
Region
Africa
Africa
Countries
Egypt

Deal Overview

KarmSolar has secured $2.4 million in funding from Qatar National Bank ALAHLI (QNB ALAHLI) towards financing the second phase of a renewables project in Egypt. Phase 2 will add a battery storage system, supplied by global solar tech manufacturer Sungrow, as well as expand the existing solar...

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Deal Volume
$2.4m
Financial Close
23/10/2022
Dealmakers

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Tranches

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Project Deals

Cairo 3A Battery Project (Phase 2)
$2.4m
Brownfield
Battery storage
Africa
Africa
Egypt