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Hassan Allam and ACWA Power get government approval for 1.1 GW Gulf of Suez wind farm
The wind farm’s 1.1 GW capacity will mark it as the largest wind project in both Africa and the Middle…
Hassan Allam Utilities secures USD 40 mn facility for renewables projects
PLUS: CIRA Education has appointed BDO Keys Financial Consulting to prepare the fair value study
Hassan Allam Utilities to invest in and develop King Abdullah Economic City off-port terminal. PLUS: Madinet Masr, EFG Hermes, Majid Al Futtaim + Empower, ABB Group
The terminal will include “container yards and warehousing facilities, delivering flexible and integrated logistics solutions tailored to a wide range…
Prime Minister Mostafa Madbouly gearing up to announce “positive news” on airport privatization plans. PLUS: Infinity Power + Masdar + Hassan Allam Utilities, Paytabs + Azimut, Bagatyan Gold
IFC Africa head Sérgio Pimenta added that important progress had been made on the airport privatization plan
EBRD mulling USD 200 mn loan for Hassan Allam Utilities and ACWA Power’s 1.1 GW Gulf of Suez wind farm
When operational, the project will offset 2.4 mn tons of carbon dioxide annually and produce enough power for nearly 1.1…
ACWA Power, Hassan Allam plan to secure close to USD 900 mn for their mega Gulf of Suez wind farm by year end
The consortium signed a 25-year land usufruct agreement for the wind farm in January
Masdar, Infinity, Hassan Allam Utilities are setting up USD 900 mn worth of solar power plants in Upper Egypt. PLUS: Nahdet Misr Environmental Services eyes WtE projects with initial USD 100 mn investment
The projects should be up and running and feeding the national grid before the end of 2025
Hassan Allam Utilities, EBRD, Meridiam to raise capital for renewable projects
The funds will support Egypt’s green transition and renewable energy projects
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