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U.K.-based specialist insurer GCube Underwriting Ltd. has partnered with Bahrain-based Trust International Insurance & Reinsurance Co. B.S.C. to provide $95 million of underwriting capacity for new wind and solar projects in the Middle East, Middle East Insurance Review reported. GCube's facility will be deployed to manage project risks during construction and operations. A project forming part of the 1.8GW Ben Ban plan situated in Aswan in Egypt is the first development to be completed under the new facility.
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