{"id":645300,"date":"2017-07-17T03:49:24","date_gmt":"2017-07-17T03:49:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/17\/electricity-holding-company-to-sign-two-loans-worth-egp-37-bn\/"},"modified":"2017-07-17T03:49:24","modified_gmt":"2017-07-17T03:49:24","slug":"electricity-holding-company-to-sign-two-loans-worth-egp-37-bn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/17\/electricity-holding-company-to-sign-two-loans-worth-egp-37-bn\/","title":{"rendered":"Electricity Holding Company to sign two loans worth EGP 37 bn"},"content":{"rendered":"

The Egyptian Electricity Holding Company expects to sign two loan agreements worth EGP 37 bn with Banque Misr and National Bank of Egypt next week, Al Borsa reports<\/a>. The financing will be allocated to expanding and improving the national grid as well as increasing power supply, sources tell the newspaper.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Egyptian Electricity Holding Company expects to sign two loan agreements worth EGP 37 bn with Banque Misr and National Bank of Egypt next week, Al Borsa reports. The financing will be allocated to expanding and improving the national grid as well as increasing power supply, sources tell the newspaper.<\/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-645300","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"fb011304-2932-4e34-93c0-7cb18b0b5a72","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[645261],"teaser":"","voice_url":""},"yoast_head":"\nElectricity Holding Company to sign two loans worth EGP 37 bn - 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\/07\/17\/electricity-holding-company-to-sign-two-loans-worth-egp-37-bn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Electricity Holding Company to sign two loans worth EGP 37 bn\" \/>\n<meta property=\"og:description\" content=\"The Egyptian Electricity Holding Company expects to sign two loan agreements worth EGP 37 bn with Banque Misr and National Bank of Egypt next week, Al Borsa reports. The financing will be allocated to expanding and improving the national grid as well as increasing power supply, sources tell the newspaper.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/17\/electricity-holding-company-to-sign-two-loans-worth-egp-37-bn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-17T03:49:24+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\/07\/17\/electricity-holding-company-to-sign-two-loans-worth-egp-37-bn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/17\/electricity-holding-company-to-sign-two-loans-worth-egp-37-bn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Electricity Holding Company to sign two loans worth EGP 37 bn\",\"datePublished\":\"2017-07-17T03:49:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/17\/electricity-holding-company-to-sign-two-loans-worth-egp-37-bn\/\"},\"wordCount\":59,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/17\/electricity-holding-company-to-sign-two-loans-worth-egp-37-bn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/17\/electricity-holding-company-to-sign-two-loans-worth-egp-37-bn\/\",\"name\":\"Electricity Holding Company to sign two loans worth EGP 37 bn - 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The projects will see new transformers and adaptor connectors installed in the Delta, the\u2026","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":572590,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/30\/electricity-holding-company-seeks-egp-20-bn-loan-from-state-owned-private-banks\/","url_meta":{"origin":645300,"position":2},"title":"Electricity Holding Company seeks EGP 20 bn loan from state-owned, private banks","author":"enterpriseam admin","date":"30 June 2020","format":false,"excerpt":"The Egyptian Electricity Holding Company is in talks with a consortium of undisclosed state-owned and private banks to secure a 3- to 5-year medium term loan of EGP 20 bn for its FY2020-2021 investment plans, Al Mal reports, citing unnamed sources familiar with the matter. A final agreement for the\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":651414,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/12\/cabinet-approves-egp-37-bn-loan-to-fund-power-grid-capacity-build-up\/","url_meta":{"origin":645300,"position":3},"title":"Cabinet approves EGP 37 bn loan to fund power grid capacity build-up","author":"enterpriseam admin","date":"12 February 2017","format":false,"excerpt":"The Ismail cabinet reportedly signed off on EGP 37 bn in loans to the Egyptian Electricity Transmission Company (EETC) to fund expansions to absorb a production capacity of 18 GW by 2018. The National Bank of Egypt will be arranging a EGP 19 bn loan, while Banque Misr will arrange\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":650016,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/14\/eg-bank-qnb-to-fund-21-of-electricity-holding-companys-egp-20-bn-loan\/","url_meta":{"origin":645300,"position":4},"title":"EG Bank, QNB to fund 21% of Electricity Holding Company\u2019s EGP 20 bn loan","author":"enterpriseam admin","date":"14 March 2017","format":false,"excerpt":"The Egyptian Gulf Bank (EG Bank) and Qatar National Bank (QNB) will fund 21% of a EGP 20 bn facility for the Egyptian Electricity Holding Company (EEHC), Al Mal reports. EG Bank will provide EGP 2.5 bn, QNB will contribute with EGP 1.7 bn. 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