The European Bank for Reconstruction and Development (EBRD) today confirmed it will provide USD 30 million (EUR 27m) in debt to fund the construction of a 1-GW solar project with a storage component by Norway’s Scatec ASA (<a href="https://live.euronext.com/en/product/equities/no0010715139-xosl" target="_blank">OSL:SCATC</a>) in Egypt.