NREA looking to split into a holding company, regulator

The New and Renewable Energy Authority (NREA) is looking to restructure itself and split into two separate entities, Chairman Mohamed El Khayat said, according to Al Shorouk. NREA aims to split into a holding company and the second as a regulatory agency called the Sustainable Energy Authority. The holding company would be tasked with managing NREA’s assets effectively, El Khayat says.