Elsewedy Electric, Qatar’s UCC sign to build Libyan power plant
The contract is worth at least EUR 800 mn
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The contract is worth at least EUR 800 mn
The consortium behind the project reached financial close on Monday
Project expected to come online in 3Q 2025
IDG, Elsewedy, Polaris and CPC each took home new land, according to a report
Reinforced steel prices have surged 50% in March
Investment bank and non-bank lending sees strong growth
Both firms are on the list of 32 companies earmarked for privatization
Metito and BII will split financing 60:40, with Metito contributing the larger share.
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