{"id":635644,"date":"2017-12-10T03:56:22","date_gmt":"2017-12-10T03:56:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/10\/lekela-power-to-reach-financial-close-for-gulf-of-suez-wind-farm-in-2018\/"},"modified":"2017-12-10T03:56:22","modified_gmt":"2017-12-10T03:56:22","slug":"lekela-power-to-reach-financial-close-for-gulf-of-suez-wind-farm-in-2018","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/10\/lekela-power-to-reach-financial-close-for-gulf-of-suez-wind-farm-in-2018\/","title":{"rendered":"Lekela Power to reach financial close for Gulf of Suez wind farm in 2018"},"content":{"rendered":"

Lekela Power for New and Renewable Energy is expecting to reach financial close for its USD 400 mn, 250 MW wind farm in the Gulf of Suez sometime next year, Actis Partner Sherif El Kholy tells Al Borsa<\/a>. Actis, an emerging markets equity player, owns 60% of Lekela. The project will mostly be funded through international financing institutions.<\/p>\n","protected":false},"excerpt":{"rendered":"

Lekela Power for New and Renewable Energy is expecting to reach financial close for its USD 400 mn, 250 MW wind farm in the Gulf of Suez sometime next year, Actis Partner Sherif El Kholy tells Al Borsa. Actis, an emerging markets equity player, owns 60% of Lekela. The project will mostly be funded through […]<\/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-635644","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"41ad75c6-5327-49c7-b306-4f3cd4a743f7","order":"0","is_powered_by":true,"section_story_id":"7f7d36ab-07d7-4d4e-8867-26d0288296d8","story_type":"1","photo_url":"","photo_position":"above","related_issue":[635614],"teaser":"","voice_url":""},"yoast_head":"\nLekela Power to reach financial close for Gulf of Suez wind farm in 2018 - 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\/2017\/12\/10\/lekela-power-to-reach-financial-close-for-gulf-of-suez-wind-farm-in-2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lekela Power to reach financial close for Gulf of Suez wind farm in 2018\" \/>\n<meta property=\"og:description\" content=\"Lekela Power for New and Renewable Energy is expecting to reach financial close for its USD 400 mn, 250 MW wind farm in the Gulf of Suez sometime next year, Actis Partner Sherif El Kholy tells Al Borsa. Actis, an emerging markets equity player, owns 60% of Lekela. The project will mostly be funded through […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/10\/lekela-power-to-reach-financial-close-for-gulf-of-suez-wind-farm-in-2018\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-10T03:56:22+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\/2017\/12\/10\/lekela-power-to-reach-financial-close-for-gulf-of-suez-wind-farm-in-2018\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/10\/lekela-power-to-reach-financial-close-for-gulf-of-suez-wind-farm-in-2018\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Lekela Power to reach financial close for Gulf of Suez wind farm in 2018\",\"datePublished\":\"2017-12-10T03:56:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/10\/lekela-power-to-reach-financial-close-for-gulf-of-suez-wind-farm-in-2018\/\"},\"wordCount\":68,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/10\/lekela-power-to-reach-financial-close-for-gulf-of-suez-wind-farm-in-2018\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/10\/lekela-power-to-reach-financial-close-for-gulf-of-suez-wind-farm-in-2018\/\",\"name\":\"Lekela Power to reach financial close for Gulf of Suez wind farm in 2018 - 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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":[]},{"id":641454,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/24\/lekela-power-to-sign-contracts-for-usd-350-mn-wind-farm-project-by-year-end\/","url_meta":{"origin":635644,"position":1},"title":"Lekela Power to sign contracts for USD 350 mn wind farm project by year-end","author":"enterpriseam admin","date":"24 September 2017","format":false,"excerpt":"Lekela Power for New and Renewable Energy is expected to sign the contracts for its USD 350 mn, 250 MW wind farm in the Gulf of Suez by year-end, Actis Partner Sherif El Kholy tells Al Masry Al Youm. Actis, an emerging markets equity player, owns 60% of Lekela. El\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":635644,"position":2},"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":601875,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/lekela-nrea-sign-land-agreement-for-usd-325-mn-250-mw-suez-wind-farm\/","url_meta":{"origin":635644,"position":3},"title":"Lekela, NREA sign land agreement for USD 325 mn, 250 MW Suez wind farm","author":"enterpriseam admin","date":"12 March 2019","format":false,"excerpt":"Actis-backed Lekela Power has signed a land usufruct agreement with the New and Renewable Energy Authority (NREA) for its USD 325 mn, 250 MW wind farm in the Gulf of Suez, according to a cabinet statement. Lekela will pay the NREA 2% of the power produced annually for its right\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":648719,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/10\/lekela-power-to-sign-usd-350-mn-agreement-for-250-mw-wind-farm-in-2q207\/","url_meta":{"origin":635644,"position":4},"title":"Lekela Power to sign USD 350 mn agreement for 250 MW wind farm in 2Q207","author":"enterpriseam admin","date":"10 April 2017","format":false,"excerpt":"Lekela Power for New and Renewable Energy expects to sign with the Electricity Ministry a USD 350 mn agreement to establish a 250 MW wind farm in the Gulf of Suez in this quarter, Daily News Egypt reports. Lekela and the ministry had signed an MoU for the project two\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":647414,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/lekela-power-to-close-contracts-on-usd-350-mn-wind-farm-project-within-two-months\/","url_meta":{"origin":635644,"position":5},"title":"Lekela Power to close contracts on USD 350 mn wind farm project within two months","author":"enterpriseam admin","date":"10 May 2017","format":false,"excerpt":"INVESTMENT WATCH- Lekela Power, the pan-African renewable operator that is reportedly 60% owned by funds controlled by emerging markets private equity player Actis, will sign contracts for a USD 350 mn, 250 MW wind farm in the Gulf of Suez within two months, Actis Partner Sherif El Kholy says, according\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\/635644","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=635644"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/635644\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/635614"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=635644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=635644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=635644"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=635644"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=635644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}