{"id":601875,"date":"2019-03-12T03:54:14","date_gmt":"2019-03-12T03:54:14","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/lekela-nrea-sign-land-agreement-for-usd-325-mn-250-mw-suez-wind-farm\/"},"modified":"2019-03-12T03:54:14","modified_gmt":"2019-03-12T03:54:14","slug":"lekela-nrea-sign-land-agreement-for-usd-325-mn-250-mw-suez-wind-farm","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/lekela-nrea-sign-land-agreement-for-usd-325-mn-250-mw-suez-wind-farm\/","title":{"rendered":"Lekela, NREA sign land agreement for USD 325 mn, 250 MW Suez wind farm"},"content":{"rendered":"

Actis-backed Lekela Power has signed a land usufruct agreement with the New and Renewable Energy Authority (NREA) for its USD 325 mn, 250 MW wind farm in the Gulf of Suez, according to a cabinet statement<\/a>. Lekela will pay the NREA 2% of the power produced annually for its right to use the land, NREA Chairman Mohamed El Khayat said<\/a>. The Egyptian Electricity Transmission Company will purchase the remaining amount at an unannounced tariff both sides agreed on when they signed the power purchase agreement last month<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Actis-backed Lekela Power has signed a land usufruct agreement with the New and Renewable Energy Authority (NREA) for its USD 325 mn, 250 MW wind farm in the Gulf of Suez, according to a cabinet statement. Lekela will pay the NREA 2% of the power produced annually for its right to use the land, NREA […]<\/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":[93,72,7111,151],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-601875","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","tag-infrastructure","tag-renewables","wpautop","entry"],"acf":{"mongo_id":"0124110b-5316-4a91-8f2e-3e083cc22458","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[601845],"teaser":"","voice_url":""},"yoast_head":"\nLekela, NREA sign land agreement for USD 325 mn, 250 MW Suez wind farm - 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\/03\/12\/lekela-nrea-sign-land-agreement-for-usd-325-mn-250-mw-suez-wind-farm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lekela, NREA sign land agreement for USD 325 mn, 250 MW Suez wind farm\" \/>\n<meta property=\"og:description\" content=\"Actis-backed Lekela Power has signed a land usufruct agreement with the New and Renewable Energy Authority (NREA) for its USD 325 mn, 250 MW wind farm in the Gulf of Suez, according to a cabinet statement. Lekela will pay the NREA 2% of the power produced annually for its right to use the land, NREA […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/lekela-nrea-sign-land-agreement-for-usd-325-mn-250-mw-suez-wind-farm\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-12T03:54:14+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\/03\/12\/lekela-nrea-sign-land-agreement-for-usd-325-mn-250-mw-suez-wind-farm\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/lekela-nrea-sign-land-agreement-for-usd-325-mn-250-mw-suez-wind-farm\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Lekela, NREA sign land agreement for USD 325 mn, 250 MW Suez wind farm\",\"datePublished\":\"2019-03-12T03:54:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/lekela-nrea-sign-land-agreement-for-usd-325-mn-250-mw-suez-wind-farm\/\"},\"wordCount\":96,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\",\"infrastructure\",\"renewables\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/lekela-nrea-sign-land-agreement-for-usd-325-mn-250-mw-suez-wind-farm\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/lekela-nrea-sign-land-agreement-for-usd-325-mn-250-mw-suez-wind-farm\/\",\"name\":\"Lekela, NREA sign land agreement for USD 325 mn, 250 MW Suez wind farm - 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Lekela, which is majority owned by Actis, is preparing to begin construction on the project,\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":648719,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/10\/lekela-power-to-sign-usd-350-mn-agreement-for-250-mw-wind-farm-in-2q207\/","url_meta":{"origin":601875,"position":1},"title":"Lekela Power to sign USD 350 mn agreement for 250 MW wind farm in 2Q207","author":"enterpriseam admin","date":"10 April 2017","format":false,"excerpt":"Lekela Power for New and Renewable Energy expects to sign with the Electricity Ministry a USD 350 mn agreement to establish a 250 MW wind farm in the Gulf of Suez in this quarter, Daily News Egypt reports. 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