{"id":592030,"date":"2019-12-24T04:25:01","date_gmt":"2019-12-24T04:25:01","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/acwa-power-to-reach-financial-close-for-200-mw-kom-ombo-plant-in-1q2020\/"},"modified":"2019-12-24T04:25:01","modified_gmt":"2019-12-24T04:25:01","slug":"acwa-power-to-reach-financial-close-for-200-mw-kom-ombo-plant-in-1q2020","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/acwa-power-to-reach-financial-close-for-200-mw-kom-ombo-plant-in-1q2020\/","title":{"rendered":"Acwa Power to reach financial close for 200 MW Kom Ombo plant in 1Q2020"},"content":{"rendered":"<p>Acwa Power plans to reach financial close on its USD 200 mn, 200 MW solar power plant in Kom Ombo in 1Q2020, regional director Hassan Amin <a href=\"https:\/\/alborsaanews.com\/2019\/12\/21\/1278041\">told the local press.<\/a> The plant is being financed by unnamed international funders that Amin did not name. The power plant is sought to launch before the end of 2020. The company had <a href=\"https:\/\/enterprise.press\/stories\/2019\/10\/31\/eetc-inks-transformer-station-and-power-purchase-contracts\/\">signed a power purchase agreement<\/a> with the Egyptian Electricity Transmission Company earlier this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Acwa Power plans to reach financial close on its USD 200 mn, 200 MW solar power plant in Kom Ombo in 1Q2020, regional director Hassan Amin told the local press. The plant is being financed by unnamed international funders that Amin did not name. The power plant is sought to launch before the end of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[7207],"tags":[93,72,150,151,219],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-592030","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","tag-renewable-energy","tag-renewables","tag-saudi-arabia","wpautop","entry"],"acf":{"mongo_id":"02db1cfc-341d-4334-8b16-f5e08cbd64cc","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[592004],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Acwa Power to reach financial close for 200 MW Kom Ombo plant in 1Q2020 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/acwa-power-to-reach-financial-close-for-200-mw-kom-ombo-plant-in-1q2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Acwa Power to reach financial close for 200 MW Kom Ombo plant in 1Q2020\" \/>\n<meta property=\"og:description\" content=\"Acwa Power plans to reach financial close on its USD 200 mn, 200 MW solar power plant in Kom Ombo in 1Q2020, regional director Hassan Amin told the local press. The plant is being financed by unnamed international funders that Amin did not name. The power plant is sought to launch before the end of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/acwa-power-to-reach-financial-close-for-200-mw-kom-ombo-plant-in-1q2020\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-24T04:25:01+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/acwa-power-to-reach-financial-close-for-200-mw-kom-ombo-plant-in-1q2020\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/acwa-power-to-reach-financial-close-for-200-mw-kom-ombo-plant-in-1q2020\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Acwa Power to reach financial close for 200 MW Kom Ombo plant in 1Q2020\",\"datePublished\":\"2019-12-24T04:25:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/acwa-power-to-reach-financial-close-for-200-mw-kom-ombo-plant-in-1q2020\/\"},\"wordCount\":83,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\",\"renewable energy\",\"renewables\",\"Saudi Arabia\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/acwa-power-to-reach-financial-close-for-200-mw-kom-ombo-plant-in-1q2020\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/acwa-power-to-reach-financial-close-for-200-mw-kom-ombo-plant-in-1q2020\/\",\"name\":\"Acwa Power to reach financial close for 200 MW Kom Ombo plant in 1Q2020 - 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Amin did not disclose the expected\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598096,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/14\/acwa-submits-lowest-price-in-egyptian-electricity-transmission-cos-200-mw-kom-ombo-solar-plant-tender\/","url_meta":{"origin":592030,"position":1},"title":"Acwa submits lowest price in Egyptian Electricity Transmission Co\u2019s 200 MW Kom Ombo solar plant tender","author":"enterpriseam admin","date":"14 May 2019","format":false,"excerpt":"Acwa Power has submitted the best offer in the Egyptian Electricity Transmission Company\u2019s (EETC) tender to build a 200 MW solar power plant in Upper Egypt\u2019s Kom Ombo, offering to sell electricity to the state-owned company at a price of USD 0.0275 per KwH, sources from EETC tell the local\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":632706,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/18\/eetc-to-receive-offers-for-200-mw-kom-ombo-solar-power-plant-next-month\/","url_meta":{"origin":592030,"position":2},"title":"EETC to receive offers for 200 MW Kom Ombo solar power plant next month","author":"enterpriseam admin","date":"18 February 2018","format":false,"excerpt":"The Egyptian Electricity Transmission Company (EETC) will begin receiving offers for the 200 MW solar power plant in Kom Ombo next month, sources tell Al Borsa. The bidding window was pushed several times to allow the Electricity Ministry time to agree on the feed-in tariff for the project, they add.\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":574100,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/30\/ebrd-could-contribute-usd-54-mn-to-200-mw-kom-ombo-solar-plant\/","url_meta":{"origin":592030,"position":3},"title":"EBRD could contribute USD 54 mn to 200 MW Kom Ombo solar plant","author":"enterpriseam admin","date":"30 August 2020","format":false,"excerpt":"The European Bank for Reconstruction and Development (EBRD) said that it is considering providing Acwa Power with USD 54 mn to help build and develop a 200 MW solar power plant in Kom Ombo, according to a statementon Friday. The loan would comprise USD 40 mn in senior debt financing\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599903,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/14\/egypt-vets-six-offers-from-companies-to-develop-kom-ombo-solar-plant\/","url_meta":{"origin":592030,"position":4},"title":"Egypt vets six offers from companies to develop Kom Ombo solar plant","author":"enterpriseam admin","date":"14 January 2019","format":false,"excerpt":"The Egyptian Electricity Transmission Company (EETC) is vetting six offers from energy companies to develop a 200 MW solar power plant in Kom Ombo in Upper Egypt, company sources said yesterday. ACWA Power Egypt, Scatec Solar and India\u2019s FRV are competing for the project, alongside three consortiums \u2014 one comprised\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":617421,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/21\/acwas-solar-plant-named-ijglobals-energy-transition-transaction-of-the-year\/","url_meta":{"origin":592030,"position":5},"title":"ACWA\u2019s solar plant named IJGlobal\u2019s energy transition transaction of the year","author":"enterpriseam admin","date":"21 March 2024","format":false,"excerpt":"Kom Ombo solar recognized: ACWA Power\u2019s 200-MW Kom Ombo solar plant was named IJGlobal\u2019s Africa 2023 Energy Transition Transaction of the Year, according to a statement. Refresher- The project is Egypt\u2019s largest privately-owned solar plant with long-term loans from multilateral lenders including the European Bank for Reconstruction and Development (EBRD),\u2026","rel":"","context":"In &quot;Kudos&quot;","block_context":{"text":"Kudos","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/kudos\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1385.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/592030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=592030"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/592030\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/592004"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=592030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=592030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=592030"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=592030"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=592030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}