Cote Dlvoire, June 16 -- The African Development Bank, European Bank for Development and Reconstruction (EBRD), and the British International Investment (BII), the UK's development finance institution and impact investor, are providing $479.1 million to Obelisk Solar Power SAE, a special purpose vehicle incorporated in Egypt, and owned by Scatec ASA. This financing will support the development of a 1 GW solar photovoltaic (PV) power plant integrated with a 200 MWh Battery Energy Storage System (BESS) in the country's Nagaa Hammadi region.The African Development Bank Group's financing package of $184.1 million includes $125.5 million in commercial loans, as well as concessional funding from Bank Group-managed Special Funds the Sustainable En...