STEG secures financing for electricity grid modernization project

Financing Transmission announced Tunisia Oct 27, 2025

USD100M

Deal Value

The EBRD is providing a $100 million loan to STEG to support the modernization and expansion of Tunisia's electricity grid. The project aims to improve the reliability and efficiency of the electricity supply.

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Counterparts (2)

recipient

Société Tunisienne de l’Électricité et du Gaz (STEG)

company · 1 deals

Société Tunisienne de l’Électricité et du Gaz (STEG) is an offtaker in Tunisia's solar energy sector, evidenced by one verified deal. The deal involves a 25-year PPA for a 120 MW solar facility awarded to Scatec.

Lender

European Bank for Reconstruction and Development (EBRD)

company

The European Bank for Reconstruction and Development (EBRD) is a multilateral development bank that invests in projects in emerging economies. It focuses on promoting private sector development, sustainable infrastructure, and energy transition.

Timeline

Announced

Oct 27, 2025

Signed

Closed

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Source

energynews.pro

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STEG secures financing for electricity grid modernization project

Counterparts (2)

Timeline

Source

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