{"id":600111,"date":"2019-01-20T04:09:21","date_gmt":"2019-01-20T04:09:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/20\/egypt-based-ims-unnamed-foreign-companies-to-build-usd-50-mn-solar-plants\/"},"modified":"2019-01-20T04:09:21","modified_gmt":"2019-01-20T04:09:21","slug":"egypt-based-ims-unnamed-foreign-companies-to-build-usd-50-mn-solar-plants","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/20\/egypt-based-ims-unnamed-foreign-companies-to-build-usd-50-mn-solar-plants\/","title":{"rendered":"Egypt-based IMS, unnamed foreign companies to build USD 50 mn solar plants"},"content":{"rendered":"

Electrical engineering company Intelligent Micro Solutions<\/a> (IMS) has partnered with an EU-based and a US-based company to build USD 50 mn-worth of solar plants in Wadi El Natrun and Beni Suef, IMS president Magdy Saleh tells Al Shorouk<\/a>. The partners will fund the plants, on which construction will begin in 2H2019, through a mix of debt from international banks and equity from the two unnamed companies. IMS had been in talks last year<\/a> with several financial institutions to arrange USD 500 mn in financing for solar power plants in Egypt.<\/p>\n","protected":false},"excerpt":{"rendered":"

Electrical engineering company Intelligent Micro Solutions (IMS) has partnered with an EU-based and a US-based company to build USD 50 mn-worth of solar plants in Wadi El Natrun and Beni Suef, IMS president Magdy Saleh tells Al Shorouk. The partners will fund the plants, on which construction will begin in 2H2019, through a mix of […]<\/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":[93,72,7087,151,368],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-600111","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","tag-finance","tag-renewables","tag-sustainability","wpautop","entry"],"acf":{"mongo_id":"2c84730c-3557-4b57-88ce-5c98cb144c86","is_powered_by":true,"section_story_id":"0e1d1e40-bcf5-48d9-9b7a-41f2d16c1edb","story_type":"1","photo_url":"","photo_position":"above","related_issue":[600080],"teaser":"","voice_url":""},"yoast_head":"\nEgypt-based IMS, unnamed foreign companies to build USD 50 mn solar plants - 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\/01\/20\/egypt-based-ims-unnamed-foreign-companies-to-build-usd-50-mn-solar-plants\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt-based IMS, unnamed foreign companies to build USD 50 mn solar plants\" \/>\n<meta property=\"og:description\" content=\"Electrical engineering company Intelligent Micro Solutions (IMS) has partnered with an EU-based and a US-based company to build USD 50 mn-worth of solar plants in Wadi El Natrun and Beni Suef, IMS president Magdy Saleh tells Al Shorouk. The partners will fund the plants, on which construction will begin in 2H2019, through a mix of […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/20\/egypt-based-ims-unnamed-foreign-companies-to-build-usd-50-mn-solar-plants\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-20T04:09:21+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\/01\/20\/egypt-based-ims-unnamed-foreign-companies-to-build-usd-50-mn-solar-plants\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/20\/egypt-based-ims-unnamed-foreign-companies-to-build-usd-50-mn-solar-plants\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt-based IMS, unnamed foreign companies to build USD 50 mn solar plants\",\"datePublished\":\"2019-01-20T04:09:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/20\/egypt-based-ims-unnamed-foreign-companies-to-build-usd-50-mn-solar-plants\/\"},\"wordCount\":99,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\",\"Finance\",\"renewables\",\"sustainability\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/20\/egypt-based-ims-unnamed-foreign-companies-to-build-usd-50-mn-solar-plants\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/20\/egypt-based-ims-unnamed-foreign-companies-to-build-usd-50-mn-solar-plants\/\",\"name\":\"Egypt-based IMS, unnamed foreign companies to build USD 50 mn solar plants - 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He expects the contracts for the plants to be signed next month, with\u2026","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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":567016,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/09\/chinas-gezhouba-signs-usd-287-5-mn-contract-to-build-solar-plants-in-egypt\/","url_meta":{"origin":600111,"position":2},"title":"China\u2019s Gezhouba signs USD 287.5 mn contract to build solar plants in Egypt","author":"enterpriseam admin","date":"9 January 2020","format":false,"excerpt":"Chinese state-owned construction and engineering company China Gezhouba has secured a USD 287.5 mn contract to build an undisclosed number of solar plants across Egypt with a combined capacity of 500 MW, according to Renewables Now. 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