United Kingdom, June 16 -- The European Bank for Reconstruction and Development (EBRD), African Development Bank (AfDB), and British International Investment (BII), the United Kingdom's development finance institution and impact investor, are providing a total of US$ 479.1 million to Obelisk Solar Power SAE, a special-purpose vehicle incorporated in and owned by Scatec ASA. This financing will support the development of a 1.1 GW solar photovoltaic (PV) power plant integrated with a 200 MWh battery energy storage system (BESS) in the country's Nagaa Hammadi region.The EBRD will provide a loan of up to US$ 173.5 million, of which US$ 101.9 million will benefit from a European Fund for Sustainable Development (EFSD+) first-loss cover guarantee...