March 10, 2017

R&R Represents FAS Energy in Successfully Achieving Financial Closure for Solar PV Project in Benban

Riad & Riad is glad to be representing one of the few developers who succeeded to achieve financial closure in Round 1 of the Feed-in-Tariff (FiT) project in Benban in Upper Egypt. Riad & Riad participated in the project from its early beginning, reviewed
all project agreements and lobbied for their adjustment to fit the unique financial model
adopted by the sponsor, it also negotiated and reviewed the financing documents and
assisted in all relevant corporate, licensing and compliance matters.

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