Wind

Egypt: Green bond to finance wind and solar plants


Issue 425 - 22 Oct 2020 | 3 minute read

The Egyptian government listed the Middle East and North Africa’s first green bond on the London Stock Exchange’s Sustainable Bond Market on 6 October. High demand for the bond enabled it to increase the size of the offering from $500m to $750m while getting a good price from the market, achieving the country’s lowest ever five-year coupon.The 5.25% note is due in October 2025. 

Tagged with:

Pin Power, Strategy & risk

Pin Egypt

Want to read more?

Subscribe to African Energy

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map

Register