{"id":627095,"date":"2018-07-19T03:51:33","date_gmt":"2018-07-19T03:51:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/19\/eetc-inks-contracts-for-500-mw-gulf-of-suez-wind-farm-with-orascom-construction-engie-toyota-tsusho\/"},"modified":"2018-07-19T03:51:33","modified_gmt":"2018-07-19T03:51:33","slug":"eetc-inks-contracts-for-500-mw-gulf-of-suez-wind-farm-with-orascom-construction-engie-toyota-tsusho","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/19\/eetc-inks-contracts-for-500-mw-gulf-of-suez-wind-farm-with-orascom-construction-engie-toyota-tsusho\/","title":{"rendered":"EETC inks contracts for 500 MW Gulf of Suez wind farm with Orascom Construction, Engie, Toyota Tsusho"},"content":{"rendered":"

<\/a> Gov\u2019t inks contract with OC-led consortium for USD 650 mn, 500 MW Gulf of Suez wind farm: <\/strong>The Egyptian Electricity Transmission Company (EETC) signed a USD 650 mn agreement with a consortium comprised of Orascom Construction (OC), Engie, and Toyota Tsusho Corporation to build a 500 MW wind farm in Ras Gharib, OC announced in an emailed statement (pdf)<\/a><\/u>. \u201cWith this milestone in place, the required steps and documentation leading to the start of construction, including financial close, are expected to be complete by 3Q or 4Q2019,\u201d OC says. Cabinet\u2019s economic group had approved the project\u2019s contract<\/a><\/u> back in April. The consortium is also working on another USD 400 mn, 250 MW wind farm in the Gulf of Suez, which it expects to deliver by 2H2019.<\/p>\n","protected":false},"excerpt":{"rendered":"

Gov\u2019t inks contract with OC-led consortium for USD 650 mn, 500 MW Gulf of Suez wind farm: The Egyptian Electricity Transmission Company (EETC) signed a USD 650 mn agreement with a consortium comprised of Orascom Construction (OC), Engie, and Toyota Tsusho Corporation to build a 500 MW wind farm in Ras Gharib, OC announced in […]<\/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-627095","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"fd68b473-90cd-4356-8c29-d202c21e98a3","order":"0","is_powered_by":true,"section_story_id":"e8e6813c-36e9-4a24-acf3-9710ad20fe1e","story_type":"1","photo_url":"","photo_position":"above","related_issue":[627085],"teaser":"","voice_url":""},"yoast_head":"\nEETC inks contracts for 500 MW Gulf of Suez wind farm with Orascom Construction, Engie, Toyota Tsusho - 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The USD\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":635900,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/17\/oc-engie-toyota-tsusho-consortium-reaches-financial-close-on-usd-400-mn-wind-farm\/","url_meta":{"origin":627095,"position":2},"title":"OC, Engie, Toyota Tsusho consortium reaches financial close on USD 400 mn wind farm","author":"enterpriseam admin","date":"17 December 2017","format":false,"excerpt":"A consortium of Orascom Construction, Engie, and Toyota Tsusho Corporation has reached financial close on a USD 400 mn 250 MW wind farm in Gabal El Zeit tendered under a build-own-operate framework. Shalakany Law Firm acted as local counsel for Japan Bank for International Corporation, Nippon Export and Investment Insurance\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":584685,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/04\/gulf-of-suez-wind-farm-reaches-financial-close\/","url_meta":{"origin":627095,"position":3},"title":"Gulf of Suez wind farm reaches financial close","author":"enterpriseam admin","date":"4 April 2023","format":false,"excerpt":"Project expected to come online in 3Q 2025","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\/2023\/4\/116.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":584857,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/06\/500-mw-gulf-of-suez-wind-farm-signs-financial-agreement\/","url_meta":{"origin":627095,"position":4},"title":"500-MW Gulf of Suez wind farm signs financial agreement","author":"enterpriseam admin","date":"6 April 2023","format":false,"excerpt":"The consortium behind the project reached financial close on Monday","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/278.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":636809,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/01\/bpe-partners-closes-on-three-plants-with-combined-130-mw-production-capacity-in-benban-oc-consortium-to-develop-a-usd-400-mn-250-mw-wind-farm-in-ras-ghareb\/","url_meta":{"origin":627095,"position":5},"title":"BPE Partners closes on three plants with combined 130 MW production capacity in Benban, OC consortium to develop a USD 400 mn 250 MW wind Farm in Ras Ghareb","author":"enterpriseam admin","date":"1 November 2017","format":false,"excerpt":"The push for renewables continues: Our friends at BPE Partners announced yesterday (pdf) that it reached financial close alongside Egypt\u2019s Infinity Solar and Germany\u2019s Ib Vogt gmbH on three solar power plants with a combined production capacity of 130 MW in Benban at a total cost of USD 190 mn.\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/627095","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=627095"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/627095\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/627085"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=627095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=627095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=627095"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=627095"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=627095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}