{"id":76803,"date":"2023-04-04T11:20:26","date_gmt":"2023-04-04T11:20:26","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/"},"modified":"2023-04-04T11:20:26","modified_gmt":"2023-04-04T11:20:26","slug":"today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/","title":{"rendered":"TODAY: Saudi Electricity's dual-tranche green sukuk issuance draws big interest + Egypt\u2019s 500 MW Ras Ghareb wind farm achieves financial close"},"content":{"rendered":"

Good morning, friends. <\/strong>The news cycle shows no signs of slowing down, bringing us plenty of regional updates from across several sectors.<\/p>\n

THE BIG CLIMATE STORIES- <\/strong>Saudi Electricity\u2019s dual-tranche green sukuk issuance is drawing huge demand, pulling in over USD 15 bn of subscriptions. Over in Egypt, Red Sea Wind Energy (RSWE) \u2014 a JV between Orascom Construction (OC), Japan\u2019s Toyota Tsusho Corporation\/Eurus Energy Holdings Corporation, and France\u2019s Engie \u2014 has achieved financial close for its 500 MW wind farm near Egypt\u2019s Ras Ghareb.<\/p>\n

^^We have all the details on these stories and more in the news well, below.<\/strong><\/p>\n

THE BIG CLIMATE STORY OUTSIDE THE REGION- Delivering a blow to sustainable<\/strong> mobility, Paris votes by a landslide to ban e-scooter rentals:<\/strong> In a rare city-wide referendum on Sunday, 89% of Parisian voters elected to take shared e-scooters off the French capital\u2019s streets as of September. The referendum saw low turnout, with 7.46% of the city\u2019s eligible voters casting ballots.<\/p>\n

Could there be recourse?<\/strong> E-scooter operators, including Germany\u2019s Tier, Uber-backed Lime, and Franco-Dutch firm Dott \u2014 whose contracts will expire on 1 September and will not be renewed per the consultation\u2019s result \u2014 hope the low turnout may persuade French lawmakers to agree to a compromise that would not see an outright prohibition of the EVs. The electric vehicles\u2014 known to locals as \u201ctrottinettes\u201d since their introduction in 2018 \u2014 have proven to be a nuisance to Parisians who regard the devices as hazards that block up public spaces. In spite of imposing speed limits for the EVs, Paris recorded 34 deaths<\/a> and some 500 serious injuries<\/a> in 2022 alone from scooters and similar mobility offerings.<\/p>\n

The story is getting widespread coverage in the international press: <\/strong>Associated Press<\/a> | Reuters<\/a> | Bloomberg<\/a> | The New York Times<\/a> | BBC<\/a> | Financial Times<\/a> | The Washington Post<\/a> Deutsche Welle<\/a> | France 24<\/a>.<\/p>\n

\n

<\/a> WATCH THIS SPACE #1- The UN will receive ocean mining applications by July:<\/strong> The UN\u2019s International Seabed Authority (ISA) said it would begin accepting permit applications from corporations looking to launch deep-sea mining projects in July following two weeks of negotiations on standards and requirements of the new practice, Reuters<\/a> reported. The deep-sea mining projects aim to extract critical minerals essential to EV battery production including cobalt, copper, nickel, and manganese, the newswire notes. A notable sticking point in the decision is the lack of a standard mining code that would guide ISA in its application reviewing process, Deutsche Welle<\/a> notes.<\/p>\n

REMEMBER- The UN finalized its High Seas Treaty in March after prolonged negotiations<\/strong> on marine resources: <\/strong>Over 100 countries struck a landmark agreement last month to protect at least 30% of international waters by 2030. The UN High Seas Treaty reportedly took over 36 hours of negotiations<\/a> before being hammered out. Notable sticking points stalling the consensus included a clause on the share of \u201cmarine genetic resources,\u201d with negotiators reportedly locking horns on the division of rewards from new marine resources.<\/p>\n

\n

WATCH THIS SPACE #2-<\/strong> Canada says Biden\u2019s Inflation Reduction Act has created \u201can<\/strong> unlevel playing field\u201d:<\/strong> Washington\u2019s USD 369 bn Inflation Reduction Act (IRA) is waging a \u201ccarbon subsidy war\u201d against Canada, the EU, Japan, and other countries scrambling to match the US government\u2019s clean energy handouts, Canada\u2019s Natural Resources Minister Jonathan Wilkinson tells the Financial Times<\/a>. The IRA, coupled with the US\u2019 unmatched \u201cfiscal latitude,\u201d could result in fiercer global trade competition between the US and its allies, Wilkinson warned. Canada\u2019s federal budget currently has some USD 13 bn earmarked for clean energy subsidies. On Friday, the US Treasury Department laid out subsidy criteria for the USD 7.5k tax credits<\/a> of the IRA, announcing that rare earths extracted from freetrade partners \u2014 including from Canada, which has lithium, cobalt, nickel, and copper reserves \u2014 would benefit from the tax breaks.<\/p>\n

WATCH THIS SPACE #3- Ford plans to <\/strong>roll out<\/strong> its EVs in the GCC by 2024<\/strong>, Managing Director for the Middle East and Africa Chris Noel told Asharq Business<\/a> last week. The specific timeframe of the EVs\u2019 arrival to the region was not disclosed, nor were the specific Ford models that would be on offer. Noel noted that delays in MENA rollouts are attributable to Ford\u2019s current limited production capacity.<\/p>\n

\n

THE GREAT DEBATE<\/strong>-<\/strong> The world will need to rely on clean energy bridges like hydrogen<\/strong> and natgas in its transition to renewables<\/strong>, World Energy Council CEO Angela Wilkinson tells CNBC<\/a>. The transition to renewables won\u2019t be perfect, Wilkinson said, noting that hydrogen and natural gas projects complemented with carbon capture and storage tech will prove essential to meeting climate targets. The International Panel on Climate Change must, when it sets climate targets, take into account that the transition to clean energy is coinciding with industrial and political transitions that require power to fuel growth, Wilkinson said. To meet climate targets, cross-border and cross-sector collaboration will be needed on a range of clean energy and carbon offsetting projects, and significant infrastructural developments upscaling grid connectivity will also be critical to realizing global climate targets, she added.<\/p>\n

THE GOOD NEWS- Global gas flaring dropped 5 bn cubic meters in 2022: <\/strong>Global gas flaring levels dipped by some 3% y-o-y in 2022, dropping 5 bn cubic meters \u2014 the lowest level since 2010, according to the World Bank\u2019s Global Gas Flaring Tracker<\/a> report released last week. Global flaring intensity fell to 4.7 cubic meters (cbm) per barrel of oil in 2022 from 5.1 cbm in 2021, indicating a \u201cgradual and sustained decoupling of oil production from flaring,\u201d according to the report. From our neck of the woods, Algeria, Iraq, Libya, and Iran were ranked among the world\u2019s top nine flaring countries in 2022. Between 2014 and 2018, MENA as a whole accounted for 40% of the world\u2019s flaring, with 75% of MENA flaring<\/a> contributed by Iraq, Iran and Algeria.<\/p>\n

REFRESHER-<\/strong> Oil companies worldwide flared 144 bn cbm of gas in 2021, releasing around 400 mn metric tons of CO2 equivalent into the atmosphere. Capturing flare gas and using it to generate power is seen as a solution to that problem. Need a recap on why gas flaring is so bad for the environment?<\/strong> We\u2019ve got you covered<\/a>.<\/p>\n

\n
\n
\n
\n

\n Get Enterprise<\/b> daily
\n <\/h4>\n<\/p><\/div>\n

The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n

Subscribe here<\/a>\n <\/div>\n<\/p><\/div>\n<\/div>\n

***
\n YOU\u2019RE READING ENTERPRISE CLIMATE, the essential MENA publication for senior execs who care about the world\u2019s most important industry. <\/strong>We\u2019re out Monday through Thursday at 4am Cairo \/ 5am Riyadh \/ 6am UAE.<\/p>\n

EXPLORE MORE OF ENTERPRISE ON THE WEB \u2014<\/strong> tap or click here<\/a> to read EnterpriseAM, EnterprisePM, and The Weekend Edition on our powerful new website packed with reader-friendly features.<\/p>\n

Were you forwarded this email? Get your own <\/strong>subscription without charge here<\/a><\/strong> or reach out to us on climate@enterprisemea.com<\/a> with comments, suggestions and story tips.
\n ***<\/strong><\/p>\n

COME TO OUR NEXT ENTERPRISE FORUM- <\/strong><\/p>\n

enterprise<\/a><\/p>\n

We are delighted to share with you that the Enterprise Exports & FDI Forum<\/strong> will be taking place on 15 May<\/strong> at the Four Seasons Hotel at Nile Plaza in Cairo.<\/strong><\/p>\n

DO YOU WANT TO ATTEND?<\/strong> If you\u2019re a C-suite exec, exporter, investor, official, banker, or someone who should be part of the conversation, please click here<\/a> to request a spot at this exclusive event. Attendance is by invitation only.<\/p>\n

WANT TO SHARE YOUR STORY ON STAGE?<\/strong> Drop a note to Patrick here and let\u2019s talk<\/a>.<\/p>\n

WANT TO BECOME A COMMERCIAL PARTNER?<\/strong> Ping a note to Moustafa, our head of commercial, here<\/a>.<\/p>\n

\n

CIRCLE YOUR CALENDAR- <\/strong><\/p>\n

The UAE is hosting the International Conference on Green Energy and <\/strong>Environmental Technology (<\/strong>ICGEET<\/a><\/strong>) on 18 and 19 April <\/strong>in Dubai. The event will bring together stakeholders from academia, the healthcare industry, and the private sector to discuss energy conservation among other topics.<\/p>\n

Turkey is hosting the <\/strong>International 100% Renewable Energy Conference<\/a><\/strong> from 4<\/strong>-<\/strong>6 May<\/strong> in Istanbul. The event will bring together experts to discuss the integration of renewables, renewable energy technologies and applications, and the Roadmap to 2050<\/a>.<\/p>\n

The first <\/strong>MENA Solar Conference<\/a><\/strong> is accepting applications from published<\/strong> researchers specialized in PV technology until Sunday, 30 April.<\/strong> The Dubai Electricity and Water Authority will be hosting the conference from 15 to 18 November, in conjunction with the Water, Energy, Technology, and Environment Exhibition and the Dubai Solar Show 2023. Researchers can submit their papers here<\/a>.<\/p>\n

Check out our full calendar on the web<\/a><\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"

Good morning, friends. The news cycle shows no signs of slowing down, bringing us plenty of regional updates from across several sectors. THE BIG CLIMATE STORIES- Saudi Electricity\u2019s dual-tranche green sukuk issuance is drawing huge demand, pulling in over USD 15 bn of subscriptions. Over in Egypt, Red Sea Wind Energy (RSWE) \u2014 a JV […]<\/p>\n","protected":false},"author":1,"featured_media":76804,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[44],"tags":[11,173,64,39,196,88,254,43],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-76803","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-enterpriseclimate","tag-eu","tag-evs","tag-green-hydrogen","tag-mining","tag-renewables","tag-us","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"b7cdbbc9-c813-406f-9241-cc0ff828a1c2","order":"0","is_powered_by":true,"story_type":"4","photo_url":"https:\/\/ent.news\/2022\/11\/284.jpg","photo_position":"above","related_issue":[76801],"teaser":"","voice_url":""},"yoast_head":"\nTODAY: Saudi Electricity's dual-tranche green sukuk issuance draws big interest + Egypt\u2019s 500 MW Ras Ghareb wind farm achieves financial close - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TODAY: Saudi Electricity's dual-tranche green sukuk issuance draws big interest + Egypt\u2019s 500 MW Ras Ghareb wind farm achieves financial close\" \/>\n<meta property=\"og:description\" content=\"Good morning, friends. The news cycle shows no signs of slowing down, bringing us plenty of regional updates from across several sectors. THE BIG CLIMATE STORIES- Saudi Electricity\u2019s dual-tranche green sukuk issuance is drawing huge demand, pulling in over USD 15 bn of subscriptions. Over in Egypt, Red Sea Wind Energy (RSWE) \u2014 a JV […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/\" \/>\n<meta property=\"og:site_name\" content=\"Climate\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-04T11:20:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/284.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"TODAY: Saudi Electricity's dual-tranche green sukuk issuance draws big interest + Egypt\u2019s 500 MW Ras Ghareb wind farm achieves financial close\",\"datePublished\":\"2023-04-04T11:20:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/\"},\"wordCount\":1393,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/284.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseClimate\",\"EU\",\"EVs\",\"green hydrogen\",\"MINING\",\"renewables\",\"US\",\"WHAT WE\u2019RE TRACKING TODAY\"],\"articleSection\":[\"WHAT WE\u2019RE TRACKING TODAY\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/\",\"url\":\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/\",\"name\":\"TODAY: Saudi Electricity's dual-tranche green sukuk issuance draws big interest + Egypt\u2019s 500 MW Ras Ghareb wind farm achieves financial close - Climate\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/284.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-04-04T11:20:26+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/284.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/284.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/climate\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"TODAY: Saudi Electricity’s dual-tranche green sukuk issuance draws big interest + Egypt\u2019s 500 MW Ras Ghareb wind farm achieves financial close\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#website\",\"url\":\"https:\/\/enterpriseam.com\/climate\/\",\"name\":\"Climate\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/climate\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\",\"name\":\"Climate\",\"url\":\"https:\/\/enterpriseam.com\/climate\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/25470.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/25470.svg\",\"caption\":\"Climate\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/climate\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"TODAY: Saudi Electricity's dual-tranche green sukuk issuance draws big interest + Egypt\u2019s 500 MW Ras Ghareb wind farm achieves financial close - Climate","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/","og_locale":"en_US","og_type":"article","og_title":"TODAY: Saudi Electricity's dual-tranche green sukuk issuance draws big interest + Egypt\u2019s 500 MW Ras Ghareb wind farm achieves financial close","og_description":"Good morning, friends. The news cycle shows no signs of slowing down, bringing us plenty of regional updates from across several sectors. THE BIG CLIMATE STORIES- Saudi Electricity\u2019s dual-tranche green sukuk issuance is drawing huge demand, pulling in over USD 15 bn of subscriptions. Over in Egypt, Red Sea Wind Energy (RSWE) \u2014 a JV […]","og_url":"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/","og_site_name":"Climate","article_published_time":"2023-04-04T11:20:26+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/284.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"TODAY: Saudi Electricity's dual-tranche green sukuk issuance draws big interest + Egypt\u2019s 500 MW Ras Ghareb wind farm achieves financial close","datePublished":"2023-04-04T11:20:26+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/"},"wordCount":1393,"publisher":{"@id":"https:\/\/enterpriseam.com\/climate\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/284.jpg?fit=%2C&ssl=1","keywords":["EnterpriseClimate","EU","EVs","green hydrogen","MINING","renewables","US","WHAT WE\u2019RE TRACKING TODAY"],"articleSection":["WHAT WE\u2019RE TRACKING TODAY"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/","url":"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/","name":"TODAY: Saudi Electricity's dual-tranche green sukuk issuance draws big interest + Egypt\u2019s 500 MW Ras Ghareb wind farm achieves financial close - Climate","isPartOf":{"@id":"https:\/\/enterpriseam.com\/climate\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/284.jpg?fit=%2C&ssl=1","datePublished":"2023-04-04T11:20:26+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/284.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/284.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/climate\/2023\/04\/04\/today-saudi-electricitys-dual-tranche-green-sukuk-issuance-draws-big-interest-egypts-500-mw-ras-ghareb-wind-farm-achieves-financial-close\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/climate\/"},{"@type":"ListItem","position":2,"name":"TODAY: Saudi Electricity’s dual-tranche green sukuk issuance draws big interest + Egypt\u2019s 500 MW Ras Ghareb wind farm achieves financial close"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/climate\/#website","url":"https:\/\/enterpriseam.com\/climate\/","name":"Climate","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/climate\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/climate\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/climate\/#organization","name":"Climate","url":"https:\/\/enterpriseam.com\/climate\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/25470.svg","contentUrl":"https:\/\/ent.news\/internal\/25470.svg","caption":"Climate"},"image":{"@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/climate\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/284.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/284.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/climate\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/284.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"jetpack_shortlink":"https:\/\/wp.me\/pgVl2y-jYL","_links":{"self":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/posts\/76803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/comments?post=76803"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/posts\/76803\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/issue\/76801"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/media\/76804"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/media?parent=76803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/categories?post=76803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/tags?post=76803"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/brand?post=76803"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=76803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}