Egypt, Sept. 19 -- The Japan International Cooperation Agency (JICA) signed a loan agreement with Masdar IPH Wind S.A.E for Infinity Power's greenfield wind farm in Ras Ghareb in the Arab Republic of Egypt on December 7, 2024. The first disbursement of the loan is expected to take place in September 2025.This loan is co-financed with the European Bank for Reconstruction and Development (EBRD), PROPARCO, and the Green Climate Fund (GCF).The project outline is explained below.- BorrowerMasdar IPH Wind S.A.E- Country (Target Areas)Arab Republic of Egypt- Loan Amount60.7 million USD- Project TitleRas Ghareb 200 MW Wind Farm Project- Project PurposeThe project aims to promote sustainable economic growth and contribute to the reduction of greenho...