Maersk signs framework agreement to acquire half of Zafarana wind farm
Maersk and the Egyptian government are still in negotiations regarding the value of the stake.
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Maersk and the Egyptian government are still in negotiations regarding the value of the stake.
The UAE has surpassed Egypt as the region’s leading wind and solar producer
The companies are interested in acquiring a stake in Zafarana
Developers planning to install a combined 28 GW of wind capacity now have land in Sohag Governorate
The government is in talks with private equity firm Actis to sell the plant
Maersk has been invited to submit an official offer and enter talks
Sohag could be home to 25 GW of wind generation capacity if all three planned wind farms get built; Egypt…
The project is one of two large-scale wind farms the government wants to sell under its privatization program
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