Egypt, Jan. 8 -- The European Bank for Reconstruction and Development (EBRD) is extending a senior loan of up to EGP 350 million (€6.4 million) to Ridgewood for Water Desalination (RWD), a Hassan Allam Utilities company, to support Egypt's water security goals through sustainable infrastructure development.The financing to RWD will fund the construction of new small-scale desalination plants and upgrade of existing facilities along Egypt's Red Sea and Mediterranean coasts.These new facilities will help RWD to deliver a reliable water supply to key sectors of Egypt's economy, such as tourism and industry, which currently lack access to municipal water owing to the country's regulatory regime. The investment will also improve operationa...