The European Bank for Reconstruction and Development (EBRD) is among three supporters of Mongolia's biggest-ever solar facility, a 30 MW site, backed by a US$10.5 million syndicated loan. The project is the EBRD's first utility-scale solar project, following investments in three of the country's wind farms. Triodos Investment Management and FMO Dutch Development Bank are the other two loan providers.
The European Bank for Reconstruction and Development (EBRD) is among three supporters of Mongolia's biggest-ever solar facility, a 30 MW site, backed by a $31.6m syndicated loan. The project is the EBRD's first utility-scale solar project, following investments in three of the country's wind farms. Triodos Investment Management and FMO Dutch Development Bank are the other two loan providers.