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
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The consortium signed a 25-year land usufruct agreement for the wind farm in January
The project comes with a USD 216.7 mn price tag
The loan is for over half of the overall estimated cost of EGP 12 bn
The project is expected to take around two years to construct
The government expects to sell the Gabal El Zeit and Zafarana wind farms in 1Q 2024
A report by McKinsey & Company sheds light on opportunities for investment in Africa’s green transition
The battery energy storage system will supply Senegal with 40 MW of clean energy
Schneider Electric plans to invest EUR 8 mn in the local market
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