Will the gov’t sign off on the USD 900 mn Elsewedy-Marubeni-Masdar wind farm project this week?

INVESTMENT WATCH- Will the gov’t sign off on the USD 900 mn Elsewedy / Marubeni / Masdar wind farm project this week? The UAE’s Masdar and Elsewedy Electric plan to hold high level meetings with the government to get its final sign off on the USD 900 mn development of two wind farms planned with the Elsewedy Electric / Marubeni / Masdar consortium. A senior official from Masdar told Al Masry Al Youm to expect an announcement this week on the details of the projects, including the final price tag. Final approval front he government was expected last month.