We have a timeline on Egypt’s largest wind project: UAE’s Masdar, Hassan Allam Utilities, and Infinity Power are set to start construction on their 10 GW wind farm — the country’s largest wind energy project — in 1Q 2025, Infinity Power Chairman Mohamed Mansour told Al Arabiya. The consortium is planning to reach financial closure by 1Q 2025 with operations scheduled to begin in 2027 — approximately 2 years after construction commences, Mansour added.

Who’s expected to source the project funds? The project will cost USD 11 bn in investments — USD 1 bn more than June estimates, Mansour told Al Arabiya. “The funding for this project will be sourced from investors outside of Egypt, meaning that there will be no delays tied to Egypt’s current FX shortage,” he added.

About the project:Located in Egypt’s Sohag governorate, the wind farm will offset as much as 10% of Egypt’s total carbon footprint, saving the country some USD 5 bn per year by minimizing the need for natgas consumption.

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