Project Notice
|
| PNR |
66726 |
| Project Name |
Tozeur Equity Bridge Loan |
| Project Detail |
Location: Tunisia Project number: 55251 Business sector: Energy Notice type: Private Environmental category: B Approval date: 03 Dec 2024 Status: Pending Approval English-language PSD published: 10 Dec 2024 Provision of an Equity Bridge Loan (EBL) to fund Scatec equity commitment in the construction and operation of a 50 MW solar PV plant located in the area of Tozeur, in Tunisia (the Project). Project Objectives The Project will promote private sector participation in the Tunisian power sector. By adding 50 MW of green generation capacity to the Tunisian power system - currently dominated by gas-fired power plants (94.7% of installed capacity), the Project will reduce reliance on thermal power generation and increase the share of renewable energy in the energy mix in line with the nationally declared targets. |
| Funded By |
European Bank for Reconstruction and Development (EBRD) |
| Sector |
Forestry |
| Country |
Tunisia , Northern Africa |
| Project Value |
TND 10,300,000
|
