Egypt, Oct. 22 -- DEG is providing Alcazar Energy Partners with a total of USD 145.5 million to finance the construction of two wind farms. With a combined installed capacity of 500 MW, the wind farms are expected to generate more than 2.3 TWh of renewable electricity per year.The Niat and Rasgha wind farms, each with a capacity of 250 MW, will be built near Ras Ghareb on Egypt's Red Sea coast. DEG is financing the projects by providing long-term loans of USD 75 million and USD 70.5 million, respectively.Total investment costs amount to approximately USD 580 million. Of this, around USD 437 million is being provided in equal shares by DEG, the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB). Th...