{"id":611393,"date":"2023-12-06T00:00:00","date_gmt":"2023-12-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/06\/our-10-gw-wind-project-should-start-operating-in-2027\/"},"modified":"2023-12-06T00:00:00","modified_gmt":"2023-12-06T00:00:00","slug":"our-10-gw-wind-project-should-start-operating-in-2027","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/06\/our-10-gw-wind-project-should-start-operating-in-2027\/","title":{"rendered":"Our 10-GW wind project should start operating in 2027"},"content":{"rendered":"

We have a timeline fo<\/strong>r one of t<\/strong>he region's largest wind projects:<\/strong>Infinity Power<\/a>, Hassan Allam Utilities, and the UAE\u2019s Masdar are set to start construction on their 10-GW wind farm in 1Q 2025, Infinity Power Chairman Mohamed Mansour told Al Arabiya<\/a>. The consortium is planning to reach financial closure by 1Q 2025 with operations scheduled to begin in 2027 \u2014 approximately two years after construction commences, Mansour added. The plant will be one of the country\u2019s biggest wind energy projects<\/a> and one of the largest in the world.<\/p>\n

Where the money\u2019s coming from:<\/strong> The project will require USD 11 bn of investment, USD 1 bn more than June estimates, Mansour told the Saudi broadcaster. \u201cThe funding for this project will be sourced from investors outside of Egypt, meaning that there will be no delays tied to Egypt\u2019s current FX shortage,\u201d he said. Between 70-80% of the funding will come from international institutions.<\/p>\n

About the project:<\/strong> Located in Sohag, the wind farm will offset as much as 10% of our total carbon footprint, saving the country some USD 5 bn per year by minimizing the need for natgas consumption.<\/p>\n

IN COP28 NEWS- <\/strong><\/p>\n

Egyptian officials made the rounds during day six of COP28: <\/strong>Planning Minister Hala El Said met with CEOs of US conglomerate Honeywell<\/a> and Australian green energy company Fortescue Future Industries<\/a>, while Oil Minister Tarek El Molla met with the head of LSE-listed oil and gas company Energean<\/a> and the chairman of AfreximBank.<\/p>\n","protected":false},"excerpt":{"rendered":"

The project is expected to take around two years to construct<\/p>\n","protected":false},"author":1,"featured_media":611394,"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":[198,93,72,2303,727,8277,874,334,4952,8648,151,195,7081],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-611393","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-energean","tag-energy","tag-enterpriseam","tag-fortescue-future-industries","tag-hala-el-said","tag-hassan-allam-utilities","tag-honeywell","tag-infinity","tag-infinity-power","tag-masdar","tag-renewables","tag-tarek-el-molla","tag-wind-power","wpautop","entry"],"acf":{"mongo_id":"bcca0ff7-3d4a-40f6-beb6-b5f49910e133","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/12\/309.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Masdar-led consortium to start work on 10-GW Sohag wind project in 2025","related_issue":[611384],"teaser":"The project is expected to take around two years to construct","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/12\/.ca74a016-1357-4537-a412-3d2bcaea1f7f.mp3"},"yoast_head":"\nOur 10-GW wind project should start operating in 2027 - 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\/2023\/12\/06\/our-10-gw-wind-project-should-start-operating-in-2027\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Our 10-GW wind project should start operating in 2027\" \/>\n<meta property=\"og:description\" content=\"The project is expected to take around two years to construct\" \/>\n<meta property=\"og:url\" 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power company Lekela Power is looking to invest USD 2 bn in Egypt over the next four years as part of a USD 6 bn plan to quadruple its energy production capacity to 4 GW from a current 1.1 GW, CEO Chris Antonopoulos told Bloomberg Asharq on the sidelines\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":577305,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/17\/infinity-hassan-allam-utilities-masdar-ink-2-gw-green-hydrogen-agreement-ebrd-invests-more-in-infinity\/","url_meta":{"origin":611393,"position":2},"title":"Infinity, Hassan Allam Utilities, Masdar ink 2 GW green hydrogen agreement + EBRD invests more in Infinity","author":"enterpriseam admin","date":"17 November 2022","format":false,"excerpt":"Our friends at Infinity and Hassan Allam Utilities alongside UAE clean-energy giant Masdar have inked a framework agreement for a 2 GW green hydrogen plant they will build in the Suez Canal Economic Zone. The SCZone plant will be operational by 2026, they said in a statement (pdf). The investment\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":660309,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/10\/masdar-hassan-allam-utilities-infinity-power-secure-land-for-dakhla-oasis-solar-power-plant\/","url_meta":{"origin":611393,"position":3},"title":"Masdar, Hassan Allam Utilities, Infinity Power secure land for Dakhla Oasis solar power plant","author":"enterpriseam admin","date":"10 February 2025","format":false,"excerpt":"The trio\u2019s planned 1.2 GW worth of solar projects in the Dakhla Oasis and Benban will have a total price tag of around USD 1 bn","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\/2025\/2\/797.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577087,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/09\/egypt-has-just-lined-up-as-much-as-25-gw-worth-of-wind-projects\/","url_meta":{"origin":611393,"position":4},"title":"Egypt has just lined up as much as 25 GW worth of wind projects","author":"enterpriseam admin","date":"9 November 2022","format":false,"excerpt":"Egypt lined up commitments for up to another 15 GW of wind power yesterday, bringing to 25 GW the total new wind-power generation capacity it has locked in recent days. 25 GW: That\u2019s A LOT of power. It\u2019s almost half of the country\u2019s current installed capacity, which at the end\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\/2022\/11\/145.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":672080,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/18\/infinity-masdar-reach-financial-close-on-200-mw-ras-ghareb-wind-farm\/","url_meta":{"origin":611393,"position":5},"title":"Infinity, Masdar reach financial close on 200 MW Ras Ghareb wind farm","author":"enterpriseam admin","date":"18 September 2025","format":false,"excerpt":"Construction is set to begin within weeks","rel":"","context":"In "RENEWABLES"","block_context":{"text":"RENEWABLES","link":"https:\/\/enterpriseam.com\/egypt\/category\/renewables\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/9\/1077.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\/611393","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=611393"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/611393\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/611384"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/611394"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=611393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=611393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=611393"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=611393"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=611393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}