{"id":646024,"date":"2017-06-04T04:06:28","date_gmt":"2017-06-04T04:06:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/04\/misr-financial-investment-company-to-establish-renewable-energy-subsidiary\/"},"modified":"2017-06-04T04:06:28","modified_gmt":"2017-06-04T04:06:28","slug":"misr-financial-investment-company-to-establish-renewable-energy-subsidiary","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/04\/misr-financial-investment-company-to-establish-renewable-energy-subsidiary\/","title":{"rendered":"Misr Financial Investment Company to establish renewable energy subsidiary"},"content":{"rendered":"

The state-run Misr Financial Investment Company (MFIC) will establish a new renewable energy arm in July to build two 20 MW EGP 120 mn waste-to-power generation stations in Kafr El Sheikh, MD and Chairman Atef Al Mahmoudi tells Daily News Egypt<\/a>. MFIC, a subsidiary of Misr Holding for Insurance, plans to put up EGP 36 mn, or 50%, of the company's capital through the Misr Investment Fund, with the balance secured through bank loans.<\/p>\n","protected":false},"excerpt":{"rendered":"

The state-run Misr Financial Investment Company (MFIC) will establish a new renewable energy arm in July to build two 20 MW EGP 120 mn waste-to-power generation stations in Kafr El Sheikh, MD and Chairman Atef Al Mahmoudi tells Daily News Egypt. MFIC, a subsidiary of Misr Holding for Insurance, plans to put up EGP 36 […]<\/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-646024","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"a13ef4ab-fce4-4573-812f-157ce2abdf9f","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[645993],"teaser":"","voice_url":""},"yoast_head":"\nMisr Financial Investment Company to establish renewable energy subsidiary - 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\/06\/04\/misr-financial-investment-company-to-establish-renewable-energy-subsidiary\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Misr Financial Investment Company to establish renewable energy subsidiary\" \/>\n<meta property=\"og:description\" content=\"The state-run Misr Financial Investment Company (MFIC) will establish a new renewable energy arm in July to build two 20 MW EGP 120 mn waste-to-power generation stations in Kafr El Sheikh, MD and Chairman Atef Al Mahmoudi tells Daily News Egypt. 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