Egyptian transmission grid operator EETC has secured a €182.9mn ($201.4mn) loan from London-based European Bank for Reconstruction & Development (EBRD) to expand the country’s transmission network. EBRD announced on 26 November that the loan will fund EETC’s integration of 1.3GW of renewables projects to the grid through new or refurbished high voltage substations. The loan will also help fund reduction in transmission line losses. Among recent renewables project awards...