{"id":622709,"date":"2018-10-10T05:44:45","date_gmt":"2018-10-10T05:44:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/10\/saudis-fas-energy-to-invest-usd-420-mn-in-egypt-projects\/"},"modified":"2018-10-10T05:44:45","modified_gmt":"2018-10-10T05:44:45","slug":"saudis-fas-energy-to-invest-usd-420-mn-in-egypt-projects","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/10\/saudis-fas-energy-to-invest-usd-420-mn-in-egypt-projects\/","title":{"rendered":"Saudi\u2019s Fas Energy to invest USD 420 mn in Egypt projects"},"content":{"rendered":"

INVESTMENT WATCH- Saudi\u2019s Fas Energy looking to invest USD 420 mn in Egypt projects:<\/strong> Fas Energy, a subsidiary of Saudi Arabia\u2019s Al Hokair Group, is looking to invest up to USD 420 mn in solar energy and waste recycling projects in Egypt, company general manager Sabri Asfour<\/a> is quoted by the domestic press as having said. The Saudi company is looking to build a USD 95 mn solar generation station and a waste recycling project with an investment cost of as much as USD 325 mn, Asfour said.<\/p>\n

The company has already invested some USD 100 mn in the Benban solar park<\/strong> where it built a 50 MW solar power plant<\/a> under phase one of the feed-in tariff program, through which it will sell electricity to Egypt at USD 0.14 per kWh for 25 years.<\/p>\n","protected":false},"excerpt":{"rendered":"

INVESTMENT WATCH- Saudi\u2019s Fas Energy looking to invest USD 420 mn in Egypt projects: Fas Energy, a subsidiary of Saudi Arabia\u2019s Al Hokair Group, is looking to invest up to USD 420 mn in solar energy and waste recycling projects in Egypt, company general manager Sabri Asfour is quoted by the domestic press as having […]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622709","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"c08d7846-2cc0-4a3d-bfc5-e57e94906e01","order":"0","is_powered_by":true,"section_story_id":"4e0c65c0-42af-4a13-98df-473ac602eff0","story_type":"1","photo_url":"","photo_position":"above","related_issue":[622700],"teaser":"","voice_url":""},"yoast_head":"\nSaudi\u2019s Fas Energy to invest USD 420 mn in Egypt projects - 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The firm is in final\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\/2022\/6\/284.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597263,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/21\/egypts-nuca-saudis-fas-energy-sign-mou-to-set-up-waste-to-energy-facility-in-10th-of-ramadan\/","url_meta":{"origin":622709,"position":1},"title":"Egypt\u2019s NUCA, Saudi\u2019s Fas Energy sign MoU to set up waste-to-energy facility in 10th of Ramadan","author":"enterpriseam admin","date":"21 July 2019","format":false,"excerpt":"The New Urban Communities Authority (NUCA) has signed an MoU with Saudi-based Fas Energy to set up a waste-to-energy facility in 10th of Ramadan City, according to a Housing Ministry statement. No details were provided on the cost or capacity of the facility. NUCA will allocate a land plot to\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":648561,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/al-hokair-to-invest-usd-100-mn-in-solar-energy-projects-this-year\/","url_meta":{"origin":622709,"position":2},"title":"Al Hokair to invest USD 100 mn in solar energy projects this year","author":"enterpriseam admin","date":"6 April 2017","format":false,"excerpt":"Saudi\u2019s Al Hokair Group is planning to invest USD 100 mn in Egypt\u2019s solar power sector this year, Al Borsa reports. Cabinet has approved Al Hokair subsidiary FAS Energy\u2019s financial model for a 50 MW solar station it is proposing to build under phase one of the feed-in tariff program,\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":597587,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/31\/fas-energy-to-invest-usd-500-mn-in-waste-energy-plant\/","url_meta":{"origin":622709,"position":3},"title":"Fas Energy to invest USD 500 mn in waste energy plant","author":"enterpriseam admin","date":"31 July 2019","format":false,"excerpt":"INVESTMENT WATCH- Fas Energy to invest USD 500 mn in waste energy plant: Saudi-based Fas Energy is planning to invest USD 500 mn to construct a waste-to-energy plant in 10th of Ramadan City under an MoU with the New Urban Communities Authority (NUCA), according to a company statement Mubasher picked\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":623083,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/21\/fas-energy-reportedly-completed-usd-75-mn-50-mw-solar-power-plant-under-fit-phase-one-program\/","url_meta":{"origin":622709,"position":4},"title":"Fas Energy reportedly completed USD 75 mn 50 MW solar power plant under FiT phase one program","author":"enterpriseam admin","date":"21 October 2018","format":false,"excerpt":"Fas Energy, a subsidiary of Saudi Arabia\u2019s Al Hokair Group, reportedly completed a 50 MW solar power plant under phase one of the feed-in tariff program for USD 75 mn, an unnamed official from the New and Renewable Energy Authority said, according to Al Mal. We reportedearlier this month that\u2026","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598058,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/13\/saudis-alfanar-to-build-usd-250-mn-wind-plant-in-egypt\/","url_meta":{"origin":622709,"position":5},"title":"Saudi\u2019s Alfanar to build USD 250 mn wind plant in Egypt","author":"enterpriseam admin","date":"13 May 2019","format":false,"excerpt":"Saudi-based Alfanar Company is planning to build a USD 250 mn wind power plant in Egypt by no later than 2021, CEO Gamal Wadi said, without revealing any further details. The plant comes as part of the company\u2019s global strategy to invest USD 1.6 bn in renewable energy projects producing\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/622709","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=622709"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/622709\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/622700"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=622709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=622709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=622709"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=622709"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=622709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}