November 1, 2017

BPE Partners closes on three plants with combined 130 MW production capacity in Benban

BPE Partners announced yesterday(pdf) that it reached financial close alongside Egypt’s Infinity Solar and Germany’s Ib Vogt gmbH on three solar power plants with a combined production capacity of 130 MW in Benban at a total cost of USD 190 mn.

October 4, 2017

MTI acquires 60% of Bee

BPE Partners and MM Group for Industry and International Trade (MTI) have together acquired 60% of TBE Egypt for Payment Solutions and Services (Bee) for EGP 156 mn

August 8, 2017

Ebtikar for Investment Finance applies for financial services license

Ibtikar for Investment Finance, a partnership between BPE Partners and MM Group that provides SME finance and leasing, has applied for a license to launch micro-finance operations in Egypt. Ibtikar plans to begin offering factoring, leasing, and finance by the end of the year.

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