{"id":632111,"date":"2018-02-04T04:15:10","date_gmt":"2018-02-04T04:15:10","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/elsewedy-masdar-marubeni-wind-farm-project-still-in-negotiations-phase\/"},"modified":"2018-02-04T04:15:10","modified_gmt":"2018-02-04T04:15:10","slug":"elsewedy-masdar-marubeni-wind-farm-project-still-in-negotiations-phase","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/elsewedy-masdar-marubeni-wind-farm-project-still-in-negotiations-phase\/","title":{"rendered":"Elsewedy-Masdar-Marubeni wind farm project still in negotiations phase"},"content":{"rendered":"<p><strong>INVESTMENT WATCH-<\/strong> Elsewedy Electric <a href=\"http:\/\/egx.com.eg\/downloads\/Bulletins\/212267_1.pdf\">announced that (pdf)<\/a> says it still hasn\u2019t gotten the official green light for its plans to build a 500 MW wind farm project in the Gulf of Suez and a 200 MW facility in Ras Ghareb. The project, in which Elsewedy is partnering with Masdar and Marubeni in, is estimated to carry an investment cost of USD 900 mn and was announced <a href=\"https:\/\/enterprise.press\/stories\/2018\/01\/18\/marubeni-teams-up-with-masdar-elsewedy-to-invest-usd-900-mn-in-egyptian-wind-parks\/\">in January<\/a>. Elsewedy says the project is still in the negotiations phase with the New and Renewable Energy Authority (NREA) and that the final price tag on it has not been set yet.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INVESTMENT WATCH- Elsewedy Electric announced that (pdf) says it still hasn\u2019t gotten the official green light for its plans to build a 500 MW wind farm project in the Gulf of Suez and a 200 MW facility in Ras Ghareb. The project, in which Elsewedy is partnering with Masdar and Marubeni in, is estimated to [&hellip;]<\/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-632111","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"9081a709-986d-4778-a68a-ae074d0bb0d1","order":"0","is_powered_by":true,"section_story_id":"2cf9d141-4d61-4c3d-a3ea-ce6602966874","story_type":"1","photo_url":"","photo_position":"above","related_issue":[632103],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Elsewedy-Masdar-Marubeni wind farm project still in negotiations phase - 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\/02\/04\/elsewedy-masdar-marubeni-wind-farm-project-still-in-negotiations-phase\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elsewedy-Masdar-Marubeni wind farm project still in negotiations phase\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Elsewedy Electric announced that (pdf) says it still hasn\u2019t gotten the official green light for its plans to build a 500 MW wind farm project in the Gulf of Suez and a 200 MW facility in Ras Ghareb. The project, in which Elsewedy is partnering with Masdar and Marubeni in, is estimated to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/elsewedy-masdar-marubeni-wind-farm-project-still-in-negotiations-phase\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-04T04:15:10+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\/2018\/02\/04\/elsewedy-masdar-marubeni-wind-farm-project-still-in-negotiations-phase\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/elsewedy-masdar-marubeni-wind-farm-project-still-in-negotiations-phase\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Elsewedy-Masdar-Marubeni wind farm project still in negotiations phase\",\"datePublished\":\"2018-02-04T04:15:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/elsewedy-masdar-marubeni-wind-farm-project-still-in-negotiations-phase\/\"},\"wordCount\":105,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/elsewedy-masdar-marubeni-wind-farm-project-still-in-negotiations-phase\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/elsewedy-masdar-marubeni-wind-farm-project-still-in-negotiations-phase\/\",\"name\":\"Elsewedy-Masdar-Marubeni wind farm project still in negotiations phase - 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The New and Renewable Energy Authority\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":631383,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/18\/will-the-govt-sign-off-on-the-usd-900-mn-elsewedy-marubeni-masdar-wind-farm-project-this-week\/","url_meta":{"origin":632111,"position":1},"title":"Will the gov\u2019t sign off on the USD 900 mn Elsewedy-Marubeni-Masdar wind farm project this week?","author":"enterpriseam admin","date":"18 March 2018","format":false,"excerpt":"INVESTMENT WATCH- Will the gov\u2019t sign off on the USD 900 mn Elsewedy \/ Marubeni \/ Masdar wind farm project this week? The UAE\u2019s Masdar and Elsewedy Electric plan to hold high level meetings with the government to get its final sign off on the USD 900 mn development of\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":599037,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/17\/elsewedy-electric-acquires-share-capital-of-four-greek-renewable-energy-companies-for-eur-55-mn\/","url_meta":{"origin":632111,"position":2},"title":"Elsewedy Electric acquires share capital of four Greek renewable energy companies for EUR 55 mn","author":"enterpriseam admin","date":"17 June 2019","format":false,"excerpt":"M&A WATCH- Elsewedy Electric looking to acquire four Greek renewable energy outfits in EUR 55 mn transaction: Elsewedy Electric has entered into a EUR 55 mn agreement to acquire three wind assets and one hydroelectric company from Greece\u2019s R.F. 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All four assets are in Greece, Elsewedy said in a\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/181.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":629808,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/elsewedy-marubeni-masdar-consortium-seeks-funding-for-usd-900-mn-wind-projects-as-govt-drags-feet-on-regulatory-approvals\/","url_meta":{"origin":632111,"position":3},"title":"Elsewedy \/ Marubeni \/ Masdar consortium seeks funding for USD 900 mn wind projects as gov\u2019t drags feet on regulatory approvals","author":"enterpriseam admin","date":"2 April 2018","format":false,"excerpt":"Elsewedy \/ Marubeni \/ Masdar consortium seeks funding for USD 900 mn wind projects as gov\u2019t drags feet on regulatory approvals: A consortium made up of Elsewedy Electric, Marubeni, and UAE\u2019s Masdar has reportedly begun seeking funding from banks for the USD 900 mn development of two wind farms, sources\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":602878,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/09\/siemens-gamesa-settles-on-elsewedy-marubeni-consortium-for-first-phase-of-wind-power-project\/","url_meta":{"origin":632111,"position":4},"title":"Siemens Gamesa settles on Elsewedy-Marubeni consortium for first phase of wind power project","author":"enterpriseam admin","date":"9 April 2019","format":false,"excerpt":"Siemens Gamesa has selected a consortium of Elsewedy and Marubeni to launch the first phase of 180 MW wind power stations in Ras Ghareb under a BOO (build, own, operate) framework, sources told the local press. 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