Project Notice
|
| PNR |
68539 |
| Project Name |
DFF - Arabian Cement Company |
| Project Detail |
Location: Egypt Project number: 55178 Business sector: Manufacturing and Services Notice type: Private Environmental category: B Approval date: 30 Jul 2024 Status: Signed English-language PSD published: 03 Mar 2025 Provision of a 5-year EUR 25 million senior secured loan to Arabian Cement Company (ACC) to finance its energy and plant efficiency capex program (the Project). The loan includes a committed tranche (Tranche I) of up to EUR 15.9m and an uncommitted tranche in the amount of EUR 9.1m (Tranche II), to be committed at the Banks sole and absolute discretion. Project Objectives The Company will utilise the loan for the acquisition and installation of energy efficiency and plant efficiency capex, including a low carbon hydrogen injection system and alternative fuel capacity expansion capex. |
| Funded By |
European Bank for Reconstruction and Development (EBRD) |
| Sector |
Infrastructure and construction |
| Country |
Egypt , Northern Africa |
| Project Value |
EGP 28,090,000
|
