{"id":550336,"date":"2022-10-24T03:54:17","date_gmt":"2022-10-24T03:54:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/24\/hassan-allam-latest-to-target-green-investment-in-morocco\/"},"modified":"2022-10-24T03:54:17","modified_gmt":"2022-10-24T03:54:17","slug":"hassan-allam-latest-to-target-green-investment-in-morocco","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/24\/hassan-allam-latest-to-target-green-investment-in-morocco\/","title":{"rendered":"Hassan Allam latest to target green investment in Morocco"},"content":{"rendered":"

<\/a> Hassan Allam eyes renewables, desalination projects in Morocco: <\/strong>Our friends at Hassan Allam Holding are mulling investing in renewable energy and desalination projects in Morocco, and could deploy an initial USD 50-150 mn within the next year, CEO Amr Allam told Bloomberg Asharq<\/a> on the sidelines of the Africa Business Forum in Casablanca.<\/p>\n

\u201cWe are ready to invest in Morocco<\/strong> and we have international partners ready to join us as investors,\u201d Allam said. \u201cThe funding is available and the experience is there.\u201d<\/p>\n

Expect more details soon:<\/strong> Company representatives are planning another trip to the country to discuss potential investments with government officials, Allam said.<\/p>\n

OIH is also interested: <\/strong>Orascom Investment Holding (OIH) is eyeing an initial USD 100 mn investment<\/a> in renewable energy, EVs charging stations and agro-industrial sectors in the North African country, CEO Naguib Sawiris said on the sidelines of the forum earlier this week.<\/p>\n

Moroccan renewables could one day feature heavily in Europe\u2019s energy mix:<\/strong> Morocco and the EU last week agreed to establish a \u201cgreen partnership\u201d that could boost the country\u2019s ambitions to become a renewable energy export hub to Europe (a goal it shares with Egypt). Enterprise Climate<\/a> has more.<\/p>\n","protected":false},"excerpt":{"rendered":"

Hassan Allam eyes renewables, desalination projects in Morocco: Our friends at Hassan Allam Holding are mulling investing in renewable energy and desalination projects in Morocco, and could deploy an initial USD 50-150 mn within the next year, CEO Amr Allam told Bloomberg Asharq on the sidelines of the Africa Business Forum in Casablanca. \u201cWe are […]<\/p>\n","protected":false},"author":1,"featured_media":550337,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9117],"tags":[93,72,1130,890,125,316,618,151,364],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-550336","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-green-energy","tag-energy","tag-enterpriseam","tag-green-energy","tag-hassan-allam-holding","tag-investment-watch","tag-morocco","tag-orascom-investment-holding","tag-renewables","tag-water","wpautop","entry"],"acf":{"mongo_id":"ebd660a6-09b9-4d6e-b467-ea7ed5e8407f","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/10\/311.jpg","photo_position":"above","related_issue":[550330],"teaser":"","voice_url":""},"yoast_head":"\nHassan Allam latest to target green investment in Morocco - 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Meanwhile, Orascom Investment Holding is eyeing a push into Moroccan renewables.Hassan Allam Holding and Emirati renewables player Masdar will invest some USD 10 bn\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/300.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":613839,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/22\/hassan-allams-green-projects-could-a-get-top-up-from-the-ebrd\/","url_meta":{"origin":550336,"position":1},"title":"Hassan Allam\u2019s green projects could a get top-up from the EBRD","author":"enterpriseam admin","date":"22 January 2024","format":false,"excerpt":"ACWA Power and Hassan Allam Utilities\u2019 1.1 GW wind farm in the Gulf of Suez is the top contender for the funds","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1703.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":602382,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/hassan-allam-in-talks-with-government-over-two-desalination-plants\/","url_meta":{"origin":550336,"position":2},"title":"Hassan Allam in talks with government over two desalination plants","author":"enterpriseam admin","date":"26 March 2019","format":false,"excerpt":"The government is in talks with Hassan Allam Holdings to construct two water desalination and sewage treatment plants at a cost of EGP 2 bn, according to the local press. Final studies are currently underway to determine the cost of selling the water to the government.","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":600506,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/31\/egyptian-contractors-ready-to-start-work-on-nac-light-railway\/","url_meta":{"origin":550336,"position":3},"title":"Egyptian contractors ready to start work on NAC light railway","author":"enterpriseam admin","date":"31 January 2019","format":false,"excerpt":"OC, Hassan Allam among five contractors working on NAC light railway: Our friends at Orascom Construction and Hassan Allam are among the five local contractors selected to begin working on the China-funded light railway between 10th of Ramadan City and the New Administrative Capital,Al Mal reported. 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