{"id":632424,"date":"2018-02-11T04:09:37","date_gmt":"2018-02-11T04:09:37","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/11\/orascom-toyota-consortium-awarded-20-year-power-production-license-for-wind-farm-project\/"},"modified":"2018-02-11T04:09:37","modified_gmt":"2018-02-11T04:09:37","slug":"orascom-toyota-consortium-awarded-20-year-power-production-license-for-wind-farm-project","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/11\/orascom-toyota-consortium-awarded-20-year-power-production-license-for-wind-farm-project\/","title":{"rendered":"Orascom, Toyota consortium awarded 20-year power production license for wind farm project"},"content":{"rendered":"

The Egyptian Electric Utility and Consumer Protection Agency (Egyptera) has reportedly awarded an Orascom Construction consortium with GD France and Toyota a 20-year power production license for the 250 MW wind farm they\u2019re building in the Gulf of Suez. The consortium, which has reached financial close on the project, will be selling power to the Egyptian Electricity Transmission Company at a feed-in tariff of USD 0.038 per kWh under a power purchase agreement signed last October<\/a>. The USD 250 mn wind farm is expected to come online next year, sources told Al Borsa<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Egyptian Electric Utility and Consumer Protection Agency (Egyptera) has reportedly awarded an Orascom Construction consortium with GD France and Toyota a 20-year power production license for the 250 MW wind farm they\u2019re building in the Gulf of Suez. The consortium, which has reached financial close on the project, will be selling power to the […]<\/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":[7207],"tags":[93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-632424","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"6ec6c3a3-2709-41ae-ae7e-1032f40ab344","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Orascom, Toyota consortium awarded 20-year power production license for wind farm project","related_issue":[632388],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.36721efe-ccbd-4d61-8ddf-2ed2b8b57cec.mp3"},"yoast_head":"\nOrascom, Toyota consortium awarded 20-year power production license for wind farm project - 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\/11\/orascom-toyota-consortium-awarded-20-year-power-production-license-for-wind-farm-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orascom, Toyota consortium awarded 20-year power production license for wind farm project\" \/>\n<meta property=\"og:description\" content=\"The Egyptian Electric Utility and Consumer Protection Agency (Egyptera) has reportedly awarded an Orascom Construction consortium with GD France and Toyota a 20-year power production license for the 250 MW wind farm they\u2019re building in the Gulf of Suez. The consortium, which has reached financial close on the project, will be selling power to the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/11\/orascom-toyota-consortium-awarded-20-year-power-production-license-for-wind-farm-project\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-11T04:09:37+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\/11\/orascom-toyota-consortium-awarded-20-year-power-production-license-for-wind-farm-project\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/11\/orascom-toyota-consortium-awarded-20-year-power-production-license-for-wind-farm-project\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Orascom, Toyota consortium awarded 20-year power production license for wind farm project\",\"datePublished\":\"2018-02-11T04:09:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/11\/orascom-toyota-consortium-awarded-20-year-power-production-license-for-wind-farm-project\/\"},\"wordCount\":103,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/11\/orascom-toyota-consortium-awarded-20-year-power-production-license-for-wind-farm-project\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/11\/orascom-toyota-consortium-awarded-20-year-power-production-license-for-wind-farm-project\/\",\"name\":\"Orascom, Toyota consortium awarded 20-year power production license for wind farm project - 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The sources said that testing began two weeks ago, with full commercial operation expected\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":636022,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/19\/orascom-construction-consortium-reached-financial-close-for-250-mw-boo-wind-farm\/","url_meta":{"origin":632424,"position":2},"title":"Orascom Construction consortium reached financial close for 250 MW BOO wind farm","author":"enterpriseam admin","date":"19 December 2017","format":false,"excerpt":"An Orascom Construction consortium with Engie and Toyota Tsusho Corporation \/ Eurus Energy Holdings Corp. has reached financial close for a 250 MW build-own-operate (BOO) wind farm in Ras Ghareb. 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Orascom says \u201cnon-recourse project financing is provided by The Japan Bank\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":653016,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/24\/electricity-ministry-to-sign-250-mw-gulf-of-suez-wind-farm-contracts-within-weeks-sources\/","url_meta":{"origin":632424,"position":3},"title":"Electricity Ministry to sign 250 MW Gulf of Suez wind farm contracts within weeks -sources","author":"enterpriseam admin","date":"24 January 2017","format":false,"excerpt":"The Electricity Ministry should be signing the contract with Toyota, JD France, and Orascom for the 250 MW wind farm in the Gulf of Suez within weeks, now that it has finished amending contentious clauses to allow for international arbitration in dispute resolution, Al Borsa reports. 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