{"id":631002,"date":"2018-03-07T04:32:47","date_gmt":"2018-03-07T04:32:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/eetc-inks-contracts-for-usd-400-mn-gulf-of-suez-wind-farm\/"},"modified":"2018-03-07T04:32:47","modified_gmt":"2018-03-07T04:32:47","slug":"eetc-inks-contracts-for-usd-400-mn-gulf-of-suez-wind-farm","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/07\/eetc-inks-contracts-for-usd-400-mn-gulf-of-suez-wind-farm\/","title":{"rendered":"EETC inks contracts for USD 400 mn Gulf of Suez wind farm"},"content":{"rendered":"

EETC inks contracts for USD 400 mn Gulf of Suez wind farm:<\/strong> The Egyptian Electricity Transmission Company (EETC) signed contracts yesterday for the 250 MW Gulf of Suez wind farm being developed by a consortium of Orascom Construction, Engie, and Toyota Tsusho Corporation, according to a Cabinet statement<\/a>. The USD 400 mn will be established under a build-own-operate framework. Trial operations should begin by mid-2019 and the project should be fully online by the end of the same year. The consortium had announced in December last year<\/a> that it has reached financial close on the project, which is being funded by the Japan Bank for International Corporation, Nippon Export and Investment Insurance, and commercial lenders SMBC and Societe Generale. Shalakany law firm is acting as local legal counsel for the financiers.<\/p>\n","protected":false},"excerpt":{"rendered":"

EETC inks contracts for USD 400 mn Gulf of Suez wind farm: The Egyptian Electricity Transmission Company (EETC) signed contracts yesterday for the 250 MW Gulf of Suez wind farm being developed by a consortium of Orascom Construction, Engie, and Toyota Tsusho Corporation, according to a Cabinet statement. The USD 400 mn will be established […]<\/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-631002","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"048a9724-5278-4566-b8a7-861567951b4a","order":"0","is_powered_by":true,"section_story_id":"094eda26-97ce-4d04-a386-862c54a589ab","story_type":"1","photo_url":"","photo_position":"above","related_issue":[630990],"teaser":"","voice_url":""},"yoast_head":"\nEETC inks contracts for USD 400 mn Gulf of 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\/2018\/03\/07\/eetc-inks-contracts-for-usd-400-mn-gulf-of-suez-wind-farm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EETC inks contracts for USD 400 mn Gulf of Suez wind farm\" \/>\n<meta property=\"og:description\" content=\"EETC inks contracts for USD 400 mn Gulf of Suez wind farm: The Egyptian Electricity Transmission Company (EETC) signed contracts yesterday for the 250 MW Gulf of Suez wind farm being developed by a consortium of Orascom Construction, Engie, and Toyota Tsusho Corporation, according to a Cabinet statement. 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The European Bank for Reconstruction and Development\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":635853,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/14\/lekela-power-signs-ppa-with-eetc-for-250-mw-gulf-of-suez-wind-farm\/","url_meta":{"origin":631002,"position":4},"title":"Lekela Power signs PPA with EETC for 250 MW Gulf of Suez wind farm","author":"enterpriseam admin","date":"14 December 2017","format":false,"excerpt":"Lekela Power has signed a power purchasing agreement with the Egyptian Electricity Transmission Company for its USD 400 mn, 250 MW wind farm in the Gulf of Suez, Al Shorouk reports. Lekela is expecting to reach financial close on the project sometime next year.","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":600961,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/14\/eetc-signs-ppa-for-lekelas-250-mw-suez-wind-farm\/","url_meta":{"origin":631002,"position":5},"title":"EETC signs PPA for Lekela\u2019s 250 MW Suez wind farm","author":"enterpriseam admin","date":"14 February 2019","format":false,"excerpt":"The Egyptian Electricity Transmission Company (EETC) and Lekela Power signed yesterday the power purchase agreement for Lekela\u2019s USD 325 mn, 250 MW wind farm in the Gulf of Suez, Lekela, said in a statement (pdf). 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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/631002","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=631002"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/631002\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/630990"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=631002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=631002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=631002"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=631002"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=631002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}