Siemens Gamesa frontrunner to build Lekela’s 250 MW wind energy plant in Ras Ghareb

Siemens Gamesa is the frontrunner in a tender to build Lekela’s 250 MW wind energy plant in Ras Ghareb, sources close to the matter told the local press. Siemens Gamesa’s offer is better than offers submitted by Germany’s Senvion and Denmark’s Vestas, the sources said, adding that contracts are expected to be signed within the next two months. Lekela is expected to reach financial close for the project in August for Siemens to begin construction next year, the sources said. Siemens Gamesa is expected to partner up with either Elsewedy Electric or Orascom Construction to build the project. Three European banks have agreed to lend Lekla USD 245 mn for the project, which will be built under the build-own-operate (BOO) framework.