Morocco, June 20 -- The European Bank for Reconstruction and Development (EBRD) and Morocco's Office National de l'Electricite et de l'Eau potable (ONEE) have signed a €300 million loan agreement.ONEE is involved in generation, transmission and renewables. Morocco is strongly committed to the energy transition in order to achieve its objective of having 52 per cent of its installed capacity from renewables by 2030. In this context, ONEE and the country as a whole are taking important steps towards decarbonisation, while maintaining the security and affordability of energy.The loan is structured as a sustainability-linked loan (SLL) - the first one in the MENA and Africa region's energy sector. It provides an example of how energy util...