EBRD invests US$40 million in Infinity
Published by Jessica Casey,
Editor
Energy Global,
The European Bank for Reconstruction and Development (EBRD) has announced an additional equity investment of US$40 million in Infinity,?Egypt’s leading developer of renewable energy. This brings the Bank’s total equity commitment to US$141.5 million, up from US$101.5 million. The new capital will support Infinity Power, Infinity’s subsidiary, in delivering approximately 3 GW of renewable energy capacity across key African markets.
This follow-on investment reflects the EBRD’s continued support for private sector-led renewable energy development in Africa and aligns with its strategic priorities of promoting green transition and sustainable infrastructure.
An EBRD client for many years, Infinity is Egypt’s leading renewable energy developer, operating across Africa through its subsidiary, Infinity Power.
Infinity Power, a joint venture between Egypt’s Infinity and Abu Dhabi’s Masdar, has a portfolio of more than 1.3 GW of operational solar and wind projects across Egypt, South Africa, and Senegal, and a near-term development pipeline of around 3 GW. Through its expanding footprint, Infinity Power continues to provide clean, reliable and affordable energy that drives growth, enhances energy access and advances the African continent’s green transition.
Mohamed Ismail Mansour, Chairman of Infinity Power, said: “This continued support from the EBRD underlines our shared vision of a sustainable, fast-growth future for Egypt and Africa. Together, we are helping to unlock immense renewable energy potential – delivering projects that create jobs, strengthen energy security and enable long-term economic growth.”
Harry Boyd-Carpenter, Managing Director of the EBRD’s Sustainable Infrastructure Group, commented: “We are very pleased to strengthen our partnership with Infinity and support its efforts to deliver large scale renewable energy projects that will contribute to energy security, decarbonisation and economic development across the continent. Beyond Egypt, this new investment marks an exciting step in expanding Infinity’s footprint across Africa, where we see tremendous potential to scale up solar and wind generation. Together, we aim to bring clean, reliable and affordable energy to fast-growing economies and to drive the continent’s green transformation.”
For more news and technical articles from the global renewable industry, read the latest issue of Energy Global magazine.
Energy Global's Autumn 2025 issue
Explore the latest insights into the renewable energy sector in the Autumn issue of Energy Global, out now! This edition features a regional report on the Asia Pacific from Aurora Energy Research, mapping out why the wholesale price cap is detrimental to the energy transition in India. The issue then delves into articles covering crucial topics such as digitalisation in renewables, inspection & maintenance, developments in floating offshore wind, coatings, solar optimisation and more. Contributors include Flotation Energy, DNV, Sarens, NEUMAN & ESSER, Teknos, and more, so this issue is not one to miss!
Read the article online at: https://www.energyglobal.com/other-renewables/10112025/ebrd-invests-us-40-million-in-infinity/
You might also like
Seabed surveys completed for ORLEN’s next offshore wind farm
ORLEN has announced that preliminary seismic and geotechnical seabed surveys have been completed for the Baltic East offshore wind project.