Egyptera refuses to renew Italgen’s electricity license for not building wind farm

The Egyptian Electric Utility & Consumer Protection Regulatory Agency (Egyptera) has reportedly refused to renew Italian renewable energy company Italgen’s license to generate and sell electricity, unnamed sources told local press. Sources say that the company failed to build a wind energy facility it had planned to construct. Authorities are now studying the company’s appeal after it provided proof that it had invested in conducting studies for the project.