Environment and Sustainable Investments
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Egypt-Based EFG-Hermes Sells Controlling Stake In British Solar Project For $647M
Egyptian investment bank EFG-Hermes Holding’s private equity arm, Vortex Energy, sold a controlling sale in a British solar project to a Malaysian utility company for $647 million. The stake in the 365 megawatts (MW)-capacity solar project was sold to TNB International, a subsidiary of Malaysia's Tenaga Nasional Berhad, one of…
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Click here to read the full story: Forbes Middle East