{"id":638327,"date":"2017-10-02T03:40:58","date_gmt":"2017-10-02T03:40:58","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/karmsolar-signs-usd-23-mn-agreement-with-dakahlia-group\/"},"modified":"2017-10-02T03:40:58","modified_gmt":"2017-10-02T03:40:58","slug":"karmsolar-signs-usd-23-mn-agreement-with-dakahlia-group","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/karmsolar-signs-usd-23-mn-agreement-with-dakahlia-group\/","title":{"rendered":"KarmSolar signs USD 23 mn agreement with Dakahlia Group"},"content":{"rendered":"<p>KarmSolar <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2017\/10\/Press-Release-KarmSolar-to-build-US23-million-solar-stations-for-Egypt%E2%80%99s-Dakahlia-Group-in-2018.docx\">announced signing<\/a> a USD 23 mn agreement to build solar stations for Dakahlia Group subsidiaries Dakahlia South Valley Poultry and Dakahlia Wadi El Natroun Agriculture. The agreement will provide the companies with 23.5 MW of energy, equivalent to 75% of their energy needs over 30 years through two stations in Minya and Wadi Natroun. The agreement will allow KarmSolar to \u201cprovide the power at a lower cost than the government,\u201d KarmSolar CEO Ahmed Zahran says.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KarmSolar announced signing a USD 23 mn agreement to build solar stations for Dakahlia Group subsidiaries Dakahlia South Valley Poultry and Dakahlia Wadi El Natroun Agriculture. The agreement will provide the companies with 23.5 MW of energy, equivalent to 75% of their energy needs over 30 years through two stations in Minya and Wadi Natroun. [&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":[7207],"tags":[93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-638327","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"a0091531-49b8-4e5d-afa8-819ceb2f7609","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[638298],"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>KarmSolar signs USD 23 mn agreement with Dakahlia Group - 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\/10\/02\/karmsolar-signs-usd-23-mn-agreement-with-dakahlia-group\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KarmSolar signs USD 23 mn agreement with Dakahlia Group\" \/>\n<meta property=\"og:description\" content=\"KarmSolar announced signing a USD 23 mn agreement to build solar stations for Dakahlia Group subsidiaries Dakahlia South Valley Poultry and Dakahlia Wadi El Natroun Agriculture. The agreement will provide the companies with 23.5 MW of energy, equivalent to 75% of their energy needs over 30 years through two stations in Minya and Wadi Natroun. 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KarmSolar is planning to build a USD 90 mn, 100 MW solar plant in the\u2026","rel":"","context":"In &quot;Energy&quot;","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":592684,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/04\/edf-to-invest-usd-25-mn-in-karmsolar-this-year\/","url_meta":{"origin":638327,"position":1},"title":"EDF to invest USD 25 mn in KarmSolar this year","author":"enterpriseam admin","date":"4 November 2019","format":false,"excerpt":"M&A WATCH- EDF to invest USD 25 mn in KarmSolar this year: French energy company EDF Renewables is reportedly in advanced talks to invest as much as USD 25 mn in KarmSolar before the end of the year, sources familiar with the matter told the press. An agreement is expected\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\/2018\/12\/459.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":624610,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/13\/karmsolar-to-raise-egp-500-mn-for-expansion-plans-contracts-attijari-as-advisor\/","url_meta":{"origin":638327,"position":2},"title":"KarmSolar to raise EGP 500 mn for expansion plans, contracts Attijari as advisor","author":"enterpriseam admin","date":"13 September 2018","format":false,"excerpt":"KarmSolar is looking to raise EGP 500 mn of equity to finance the completion of its pipeline private solar power stations, according to an emailed statement (pdf). The energy company has contracted Attijari Finances to act as its global advisor and coordinator for the fundraising process. Under the agreement, \u201cthe\u2026","rel":"","context":"In &quot;Energy&quot;","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":593884,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/13\/karmsolar-signs-egp-230-mn-loan-agreement-with-banque-misr\/","url_meta":{"origin":638327,"position":3},"title":"KarmSolar signs EGP 230 mn loan agreement with Banque Misr","author":"enterpriseam admin","date":"13 October 2019","format":false,"excerpt":"KarmSolar has signed a EGP 230 mn loan agreement with Banque Misr to build 24 MW solar power plants, CEO Ahmed Zahran told the local press. Zahran did not say how many plants the company will establish with the money. KarmSolar is also in talks with five local and international\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":623434,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/30\/ebrd-to-help-karmsolar-raise-financing-for-10-mw-solar-power-station\/","url_meta":{"origin":638327,"position":4},"title":"EBRD to help KarmSolar raise financing for 10 MW solar power station","author":"enterpriseam admin","date":"30 October 2018","format":false,"excerpt":"The European Bank for Reconstruction and Development (EBRD) will be helping KarmSolar raise financing for a 10 MW solar power station that it\u2019s building for a \u201cprominent client,\u201d KarmSolar announced in a press release yesterday (pdf). The company signed a mandate letter with the EBRD for the funding that will\u2026","rel":"","context":"In &quot;Energy&quot;","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":593365,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/edf-acquires-undisclosed-stake-in-egyptian-renewables-company-karmsolar\/","url_meta":{"origin":638327,"position":5},"title":"EDF acquires undisclosed stake in Egyptian renewables company KarmSolar","author":"enterpriseam admin","date":"26 November 2019","format":false,"excerpt":"M&A WATCH- EDF acquires undisclosed stake in Egypt\u2019s KarmSolar: French energy company EDF Renewables has acquired a \u201cstrategic stake\u201d in Egyptian renewable energy player KarmSolar through a capital increase, according to an emailed statement (pdf). 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