The European Union and Egypt have taken a major step towards deepening their strategic partnership in renewable energy through a financing package worth up to €690m aimed at modernising and expanding Egypt’s electricity transmission network. The package combines a €600m loan from the European Investment Bank’s development arm, EIB Global, with up to €90m in [...] The post Egypt, EU strengthen renewable energy partnership with €690m grid upgrade package first appeared on Dailynewsegypt .