{"id":601956,"date":"2019-03-14T03:11:58","date_gmt":"2019-03-14T03:11:58","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/14\/acwa-power-to-invest-usd-3-bn-in-egypt-this-year\/"},"modified":"2019-03-14T03:11:58","modified_gmt":"2019-03-14T03:11:58","slug":"acwa-power-to-invest-usd-3-bn-in-egypt-this-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/14\/acwa-power-to-invest-usd-3-bn-in-egypt-this-year\/","title":{"rendered":"Acwa Power to invest USD 3 bn in Egypt this year"},"content":{"rendered":"

<\/a> INVESTMENT WATCH- Acwa Power to invest USD 3 bn in Egypt this year: <\/b>Saudi energy developer Acwa Power is planning to invest USD 3 bn in electricity projects in Egypt this year, Country Development Director Hassan Aly tells Al Mal<\/a>. The investments will be directed toward energy projects in Luxor and the Benban solar power complex in Aswan, among others. Acwa Power is currently building with Hassan Allam Holding a 2.3 GW, USD 2.3 bn Luxor power plant<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

INVESTMENT WATCH- Acwa Power to invest USD 3 bn in Egypt this year: Saudi energy developer Acwa Power is planning to invest USD 3 bn in electricity projects in Egypt this year, Country Development Director Hassan Aly tells Al Mal. The investments will be directed toward energy projects in Luxor and the Benban solar power […]<\/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":[1042,244,72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-601956","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-acwa-power","tag-electricity","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"157f12ab-586f-44ff-9b6b-a19b231c46bc","is_powered_by":true,"section_story_id":"2569e149-20f0-439f-817d-9ec70e4c9d4d","story_type":"1","photo_url":"","photo_position":"above","related_issue":[601950],"teaser":"","voice_url":""},"yoast_head":"\nAcwa Power to invest USD 3 bn in Egypt this year - 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\/14\/acwa-power-to-invest-usd-3-bn-in-egypt-this-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Acwa Power to invest USD 3 bn in Egypt this year\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Acwa Power to invest USD 3 bn in Egypt this year: Saudi energy developer Acwa Power is planning to invest USD 3 bn in electricity projects in Egypt this year, Country Development Director Hassan Aly tells Al Mal. The investments will be directed toward energy projects in Luxor and the Benban solar power […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/14\/acwa-power-to-invest-usd-3-bn-in-egypt-this-year\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-14T03:11:58+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\/14\/acwa-power-to-invest-usd-3-bn-in-egypt-this-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/14\/acwa-power-to-invest-usd-3-bn-in-egypt-this-year\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Acwa Power to invest USD 3 bn in Egypt this year\",\"datePublished\":\"2019-03-14T03:11:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/14\/acwa-power-to-invest-usd-3-bn-in-egypt-this-year\/\"},\"wordCount\":84,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"ACWA Power\",\"electricity\",\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/14\/acwa-power-to-invest-usd-3-bn-in-egypt-this-year\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/14\/acwa-power-to-invest-usd-3-bn-in-egypt-this-year\/\",\"name\":\"Acwa Power to invest USD 3 bn in Egypt this year - 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The ministry will cover part of the cost of supplying the plant\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":599269,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/24\/chinas-silk-road-fund-buys-into-egypt-renewable-energy-scene-through-acquisition-of-large-acwa-power-stake\/","url_meta":{"origin":601956,"position":2},"title":"China\u2019s Silk Road Fund buys into Egypt renewable energy scene through acquisition of large Acwa Power stake","author":"enterpriseam admin","date":"24 June 2019","format":false,"excerpt":"M&A WATCH- China\u2019s Silk Road Fund buys into Egypt renewable energy scene through acquisition of large Acwa Power stake: China\u2019s state-owned Silk Road Fundhas acquired a 49% stake in Saudi utility developer Acwa Power\u2019s renewable energy unit, Arabian Business reports. 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Sources say the company is aiming for an agreement before the financial closure of the project in 2Q2022.\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":647543,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/electricity-ministry-reaches-agreement-with-acwa-power-for-2-25-gw-power-plant\/","url_meta":{"origin":601956,"position":4},"title":"Electricity Ministry reaches agreement with ACWA Power for 2.25 GW power plant","author":"enterpriseam admin","date":"14 May 2017","format":false,"excerpt":"The Electricity Ministry has reached an agreement with ACWA Power to establish a USD 2.2 bn, 2.25 GW power plant in Luxor, unnamed ministry sources tell Al Borsa. 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