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Infrastructure 
Scatec reaches full commercial operations on 1.1 GW Obelisk hybrid solar project
Plus: EETC will buy Voltalia’s Zafarana wind power for USD 0.024 per kWh
Our first wind turbine factory moves forward with a wind farm on the side
Plus: The government wants to add some 5 GWh of battery storage capacity by 2027
Infinity Power taps China’s Aiko Energy for 1.2 GW Nefer Minya mega-plant
Plus: Egyptian banks transition to the data-rich ISO 20022 SWIFT standard
Gov’t fully clears USD 6.1 bn in arrears to int’l oil companies
Good morning, wonderful people. We head to the weekend with a mixed bag of inflation data, as annual urban inflation…
Alcazar locks in USD 420 mn deal to manage Gabal El Zeit
Alcazar will handle all renovation and efficiency upgrades to boost production capacity
China’s Sany is putting USD 300 mn behind Egypt’s first wind turbine factory
The factory’s first output would feed a new 1 GW wind project in the North Gulf of Suez, with some…
EETC taps Kharafi National to upgrade West Bakr substation
Kharafi will expand the substation to accommodate 2.8 GW of upcoming wind power from the Gulf of Suez
Gabal El Zeit deal nears finish line with USD 416 mn valuation
Final signatures are expected later this month
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