Luxembourg-based Alcazar Energy has secured USD 50 million for renewable energy investments in the Middle East, North Africa, Eastern Europe, and Central Asia.
Alcazar Energy has almost 500 MW of wind power projects under development in the Western Balkans.
The United States International Development Finance Corporation (DFC) said it finalized a landmark USD 50 million equity investment in the Alcazar Energy Partners II fund.
“This strategic investment will help channel capital into renewable energy infrastructure projects in emerging markets across the Middle East, North Africa, and Eastern Europe, and Central…