Early Warning System

Countries

Egypt

Geographic location where the impacts of the investment may be experienced.

Financial Institutions

European Bank for Reconstruction and Development (EBRD)

International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.

Project Status

Approved

Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.

Bank Risk Rating

Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."

Borrower

Government of Egypt

A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.

Sectors

Energy
Technical Cooperation

The service or industry focus of the investment. A project can have several sectors.

Investment Type(s)

Advisory Services

The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.

Investment Amount (USD)

Not Disclosed

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.

Primary Source

Original disclosure @ EBRD website

Updated in EWS Jun 10, 2026

Disclosed by Bank Apr 20, 2026

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Project Description

If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to bank provided information, electricity demand in Egypt is set to grow rapidly in the coming years. The country currently relies primarily on fossil fuels for electricity generation (oil and gas accounted for 87% of electricity generation in 2023 according to the IEA).

Electricity demand in Egypt is set to grow rapidly in the coming years. The country currently relies primarily on fossil fuels for electricity generation (oil and gas accounted for 87% of electricity generation in 2023 according to the IEA).

Renewable energy (RE) is an important opportunity for Egypt to meet its growing electricity needs while also meeting its climate change mitigation commitments. The Egyptian government recognises the need for progressing the country's energy mix towards renewable energy to address electricity sector challenges. The government has set a target of generating 42% of its total electricity from renewable sources by 2030, with the private sector expected to deliver most of this capacity.

In recent years, the Egyptian government has moved both to increase the speed and scale of renewable energy development and to place much greater reliance on the private sector for financing and implementation of this increase. Accordingly, Egypt has established a robust regulatory framework, built around the Renewable Energy Law (Law 203/2014) dated 21 December 2014, and two Feed-in-Tariff Decisions (Prime Ministerial Decree 1947/2014 dated 27 October 2014 (round 1) and Cabinet of Ministers Decree 2532/2016 dated 22 September 2016 (round 2). These have led to several mechanisms for supporting the addition of renewable energy capacity, including (among others):1. The feed-in tariff scheme for privately owned projects of up to 50 MW for a total 2,000 MW of wind capacity and 2,000 MW of solar capacity (in addition, feed-in tariffs are also available for 300 MW of small-scale solar facilities). The solar component of the feed-in tariff scheme has attracted significant interest from the private sector - for example, the European Bank for Reconstruction and Development (EBRD) has financed 750 MW of capacity across 16 projects.2. Competitive tenders for large-scale build-own-operate (BOO) projects relying on private finance.The objective of this assignment is to provide the Egyptian authorities, and specifically Egyptian Electricity Transmission Company (EETC), with:1) Detailed technical, financial and legal assistance for the procurement of a large-scale solar PV project under the BOO structure.2) Detailed technical, financial and legal assistance for the planning and procurement of a solar PV and BESS project under the BOO structure.3) Capacity-building support on selected issues relating to the competitive procurement of renewable energy sources.4) Detailed technical, financial and legal assistance for the procurement of a solar PV project under the BOO structure.5) Detailed technical, financial and legal assistance for the planning and procurement of a wind project under the BOO structure.6) Detailed technical, financial and legal assistance for the planning and procurement of a hybrid wind and solar PV project under the BOO structure.7) Detailed technical, financial and legal assistance for the planning and procurement of a standalone battery energy storage system (BESS) project under the BOO structure.

Investment Description

Here you can find a list of individual development financial institutions that finance the project.

European Bank for Reconstruction and Development (EBRD)

Contact Information

This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Contact information not provided at the time of disclosure

ACCESS TO INFORMATION

You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request

ACCOUNTABILITY MECHANISM OF EBRD

The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.

You can contact the PCM at: pcm@ebrd.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en

You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html