Egyptian renewable energy group Empower is in talks with an unnamed Saudi Arabian company to build a USD 28 mn 4 MW waste-to-energy plant, CEO Hatem El Gamal told the local press. Negotiations are at advanced stages and an agreement is expected to be completed “within weeks,” he said. Undisclosed Saudi banks will finance 70% of the project’s cost and the remainder will be split equally between Empower and the Saudi company. El Gamal previously said that Empower had decided to scrap plans to set up wastewater power plants in Egypt, and instead focus on establishing plants powered by municipal solid waste.

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