Jordan, June 8 -- The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to US$ 12.1 million (€10.4 million) to Kawar Energy, a leading Jordanian renewable energy company.The financing will support the optimisation of the company's balance sheet and enhance its financial flexibility, driving forward the expansion of its renewable energy pipeline across Jordan.Jordan has expanded its renewable energy capacity significantly, with clean energy accounting for a growing share of the country's electricity mix. This investment will contribute to the country's green transition by supporting a leading local developer and promoting competition within the renewable energy sector while maintaining strong local parti...