Luxembourg, 03/01/2007 (Agence Europe) - In December 2006, under its Facility for Euro-Mediterranean Investment and Partnership (FEMIP), the European Investment Bank (EIB) granted loans totalling €310 million in support of power generation projects and natural gas transmission in Egypt.
A €260 million loan to the Egyptian Electricity Holding Company (EEHC) will finance the construction of two 750 MW gas-fired combined-cycle power plants at El Atf in the north-western Nile Delta and at...