Siemens Gamesa settles on Elsewedy-Marubeni consortium for first phase of wind power project

Siemens Gamesa has selected a consortium of Elsewedy and Marubeni to launch the first phase of 180 MW wind power stations in Ras Ghareb under a BOO (build, own, operate) framework, sources told the local press. The consortium will be in charge of securing the funding for the first phase of the project through Japanese institutions, including the Japan International Cooperation Agency. The tariff at which power generated by the facility will be sold has yet to be decided.