{"id":600456,"date":"2019-01-30T04:19:28","date_gmt":"2019-01-30T04:19:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/30\/empower-to-invest-usd-250-mn-in-wte-plants-in-egypt\/"},"modified":"2019-01-30T04:19:28","modified_gmt":"2019-01-30T04:19:28","slug":"empower-to-invest-usd-250-mn-in-wte-plants-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/30\/empower-to-invest-usd-250-mn-in-wte-plants-in-egypt\/","title":{"rendered":"Empower to invest USD 250 mn in WtE plants in Egypt"},"content":{"rendered":"

INVESTMENT WATCH- Empower to invest USD 250 mn in WtE plants in Egypt: <\/b>Renewable energy company Empower is planning to build 36 waste-to-energy (WtE) plants in Egypt at a total cost of USD 250 mn, Chairman Hatem El Gamal said<\/a>. The company signed a funding agreement with leasing firm BM Lease and other backers to finance 70% of the planned development, he added. The firm is planning to sell electricity from the plants under the independent power producer (IPP) framework. Electricity Minister Mohamed Shaker said last week<\/a> that Egypt has received offers from regional and international companies to build renewable power generation facilities with a total capacity of 5.5 GW.<\/p>\n","protected":false},"excerpt":{"rendered":"

INVESTMENT WATCH- Empower to invest USD 250 mn in WtE plants in Egypt: Renewable energy company Empower is planning to build 36 waste-to-energy (WtE) plants in Egypt at a total cost of USD 250 mn, Chairman Hatem El Gamal said. The company signed a funding agreement with leasing firm BM Lease and other backers to […]<\/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":[8572],"tags":[1369,9980,72,2380,4103],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-600456","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-bm-lease","tag-empower","tag-enterpriseam","tag-speed-round","tag-waste-to-energy","wpautop","entry"],"acf":{"mongo_id":"eef7625c-fa36-4e91-9535-74f01e0d4a60","is_powered_by":true,"section_story_id":"4f372933-c872-4b9a-aa44-893c29212320","story_type":"1","photo_url":"","photo_position":"above","related_issue":[600438],"teaser":"","voice_url":""},"yoast_head":"\nEmpower to invest USD 250 mn in WtE plants in Egypt - 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\/30\/empower-to-invest-usd-250-mn-in-wte-plants-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Empower to invest USD 250 mn in WtE plants in Egypt\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Empower to invest USD 250 mn in WtE plants in Egypt: Renewable energy company Empower is planning to build 36 waste-to-energy (WtE) plants in Egypt at a total cost of USD 250 mn, Chairman Hatem El Gamal said. The company signed a funding agreement with leasing firm BM Lease and other backers to […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/30\/empower-to-invest-usd-250-mn-in-wte-plants-in-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-30T04:19:28+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/30\/empower-to-invest-usd-250-mn-in-wte-plants-in-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/30\/empower-to-invest-usd-250-mn-in-wte-plants-in-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Empower to invest USD 250 mn in WtE plants in Egypt\",\"datePublished\":\"2019-01-30T04:19:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/30\/empower-to-invest-usd-250-mn-in-wte-plants-in-egypt\/\"},\"wordCount\":115,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BM Lease\",\"Empower\",\"EnterpriseAM\",\"SPEED ROUND\",\"waste-to-energy\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/30\/empower-to-invest-usd-250-mn-in-wte-plants-in-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/30\/empower-to-invest-usd-250-mn-in-wte-plants-in-egypt\/\",\"name\":\"Empower to invest USD 250 mn in WtE plants in Egypt - 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Empower had reportedly won a contract last month to produce and sell electricity from its 24 MW WtE plant in Beheira under an independent power\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":626797,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/11\/eehc-receives-5-offers-for-usd-250-mn-worth-of-waste-to-energy-projects\/","url_meta":{"origin":600456,"position":1},"title":"EEHC receives 5 offers for USD 250 mn worth of waste-to-energy projects","author":"enterpriseam admin","date":"11 July 2018","format":false,"excerpt":"Five foreign power distribution companies have presented offers to the Egyptian Electricity Holding Company (EEHC) for USD 250 mn worth of waste-to-energy (WtE) projects, unidentified government sources tell the local press. The proposals came from Emirati, Chinese, Indian, and Canadian companies looking to construct WtE power plants using biogas and\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":632252,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/06\/empower-awarded-contract-for-1-mw-wte-power-plant-in-new-nubaria\/","url_meta":{"origin":600456,"position":2},"title":"Empower awarded contract for 1 MW WtE power plant in New Nubaria","author":"enterpriseam admin","date":"6 February 2018","format":false,"excerpt":"Energy group Empower won a contract to establish a 1 MW waste-to-energy (WtE) plant in Behera\u2019s New Nubaria City with initial investments of EGP 94 mn, CEO Hatem El Gamal tells Al Mal. The company will sell power to the Behera Electricity Distribution Company at a feed-in tariff of EGP\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":627765,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/11\/empower-begins-selling-electricity-to-ndedc-from-wte-plant-in-kafr-el-sheikh\/","url_meta":{"origin":600456,"position":3},"title":"Empower begins selling electricity to NDEDC from WtE plant in Kafr El Sheikh","author":"enterpriseam admin","date":"11 June 2018","format":false,"excerpt":"Energy group Empower began selling power to the North Delta Electricity Distribution Company (NDEDC) from its 350-920 kWh biogas power plant in Kafr El Sheikh, where operations launched a few days ago, according to CEO Hatem El Gamal. 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The EGP 160 mn plants will be partially financed through a loan from unnamed local bank, 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":641747,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/02\/masdar-infinity-hassan-allam-utilities-are-setting-up-usd-900-mn-worth-of-solar-power-plants-in-upper-egypt-plus-nahdet-misr-environmental-services-eyes-wte-projects-with-initial-usd-100-mn-invest\/","url_meta":{"origin":600456,"position":5},"title":"Masdar, Infinity, Hassan Allam Utilities are setting up USD 900 mn worth of solar power plants in Upper Egypt. 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