Egypt, Oct. 19 -- The European Bank for Reconstruction and Development (EBRD) is strengthening Egypt's renewable energy capacity and energy security by helping to finance a new large-scale solar power plant and battery energy storage system (BESS) in Minya. The facility is set to become the largest solar power plant in Egypt and Africa, with a capacity of 1.2 GW.The Bank is arranging a loan of up to US$ 265 million (€232 million) to Nefer Menya for Renewable Energy S.A.E. (Nefer Menya), a special purpose vehicle owned by Infinity Power and HAU Energy B.V. The funding will consist of a US$ 160 million (€140.1 million) A-loan from the EBRD's own funds, a US$ 75 million (€65.7 million) B-loan mobilised from Bank of Jordan and...