{"id":632626,"date":"2018-02-15T04:04:30","date_gmt":"2018-02-15T04:04:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/15\/govt-expected-to-sign-off-on-usd-900-mn-elsewedy-marubeni-masdar-wind-farm-project-this-month\/"},"modified":"2018-02-15T04:04:30","modified_gmt":"2018-02-15T04:04:30","slug":"govt-expected-to-sign-off-on-usd-900-mn-elsewedy-marubeni-masdar-wind-farm-project-this-month","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/15\/govt-expected-to-sign-off-on-usd-900-mn-elsewedy-marubeni-masdar-wind-farm-project-this-month\/","title":{"rendered":"Gov\u2019t expected to sign off on USD 900 mn Elsewedy-Marubeni-Masdar wind farm project this month"},"content":{"rendered":"

<\/a> Gov\u2019t expected to sign off on USD 900 mn Elsewedy-Marubeni-Masdar wind farm project this month:<\/strong> The Ismail government hopes to sign off on the USD 900 mn development of two wind farm projects planned with the Elsewedy Electric-Marubeni-Masdar consortium, government sources tell Al Borsa<\/a>. The New and Renewable Energy Authority (NREA) will grant the consortium land for the projects, which have a combined capacity of 700 MW, as soon as the Ismail Cabinet signs off on the contracts, the sources said. They added that the consortium is in talks over the locations of the project, initially planned for Ras Ghareb and the Gulf of Suez, with the West Nile area being a possible a candidate. Elsewedy Electric had said<\/a> that the final price tag on it has not been set yet. Official sources, however, are saying that the government will not budge from a feed-in-tariff rate of USD 0.038 per KW.<\/p>\n","protected":false},"excerpt":{"rendered":"

Gov\u2019t expected to sign off on USD 900 mn Elsewedy-Marubeni-Masdar wind farm project this month: The Ismail government hopes to sign off on the USD 900 mn development of two wind farm projects planned with the Elsewedy Electric-Marubeni-Masdar consortium, government sources tell Al Borsa. The New and Renewable Energy Authority (NREA) will grant the consortium […]<\/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-632626","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"2d193645-1983-4045-953b-77c1c09fe06e","order":"0","is_powered_by":true,"section_story_id":"2423bacb-af4c-492c-9d05-2870e60e258a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[632618],"teaser":"","voice_url":""},"yoast_head":"\nGov\u2019t expected to sign off on USD 900 mn Elsewedy-Marubeni-Masdar wind farm project this month - 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\/15\/govt-expected-to-sign-off-on-usd-900-mn-elsewedy-marubeni-masdar-wind-farm-project-this-month\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t expected to sign off on USD 900 mn Elsewedy-Marubeni-Masdar wind farm project this month\" \/>\n<meta property=\"og:description\" content=\"Gov\u2019t expected to sign off on USD 900 mn Elsewedy-Marubeni-Masdar wind farm project this month: The Ismail government hopes to sign off on the USD 900 mn development of two wind farm projects planned with the Elsewedy Electric-Marubeni-Masdar consortium, government sources tell Al Borsa. 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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 "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":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":632626,"position":1},"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 "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":632111,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/elsewedy-masdar-marubeni-wind-farm-project-still-in-negotiations-phase\/","url_meta":{"origin":632626,"position":2},"title":"Elsewedy-Masdar-Marubeni wind farm project still in negotiations phase","author":"enterpriseam admin","date":"4 February 2018","format":false,"excerpt":"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\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":634579,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/18\/marubeni-teams-up-with-masdar-elsewedy-to-invest-usd-900-mn-in-egyptian-wind-parks\/","url_meta":{"origin":632626,"position":3},"title":"Marubeni teams up with Masdar, Elsewedy to invest USD 900 mn in Egyptian wind parks","author":"enterpriseam admin","date":"18 January 2018","format":false,"excerpt":"INVESTMENT WATCH- Marubeni teams up with Masdar, Elsewedy to invest USD 900 mn in Egyptian wind parks: Japan\u2019s Marubeni Corp. signed an agreement with Abu Dhabi Future Energy Co. 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