Shalakany Law Office has been selected as legal advisor to international institutions financing the development of three wind and solar power projects valued at USD 400 mn each, El Shalakany Partner Mariam Fahmy tells Amwal Al Ghad. The 200-250 MW renewable power plants are being developed by unnamed international and local companies, Fahmy says. The companies expect to reach financial close on the projects by 1H2019.
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