{"id":647414,"date":"2017-05-10T03:52:57","date_gmt":"2017-05-10T03:52:57","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/lekela-power-to-close-contracts-on-usd-350-mn-wind-farm-project-within-two-months\/"},"modified":"2017-05-10T03:52:57","modified_gmt":"2017-05-10T03:52:57","slug":"lekela-power-to-close-contracts-on-usd-350-mn-wind-farm-project-within-two-months","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/lekela-power-to-close-contracts-on-usd-350-mn-wind-farm-project-within-two-months\/","title":{"rendered":"Lekela Power to close contracts on USD 350 mn wind farm project within two months"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>INVESTMENT WATCH- <\/strong><a href=\"http:\/\/lekela.com\/\">Lekela Power<\/a>, 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 to <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=333134\">Al Mal<\/a>. Lekela\u2019s website says it has nearly 1.3 GW of capacity \u201cat the development and construction stages\u201d in Egypt, South Africa, Ghana and Senegal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 to Al Mal. Lekela\u2019s website [&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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-647414","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"6599ef39-f74b-4566-b019-112fe7df9b26","order":"0","is_powered_by":true,"section_story_id":"0aadcdfd-94fc-4e7b-856e-69d6c4cfced1","story_type":"1","photo_url":"","photo_position":"above","related_issue":[647405],"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>Lekela Power to close contracts on USD 350 mn wind farm project within two months - 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\/05\/10\/lekela-power-to-close-contracts-on-usd-350-mn-wind-farm-project-within-two-months\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lekela Power to close contracts on USD 350 mn wind farm project within two months\" \/>\n<meta property=\"og:description\" content=\"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 to Al Mal. 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Lekela and the ministry had signed an MoU for the project two\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":601146,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/20\/actis-backed-lekela-wants-to-build-two-wind-plants-in-three-years-at-a-cost-of-usd-500-mn\/","url_meta":{"origin":647414,"position":2},"title":"Actis-backed Lekela wants to build two wind plants in three years at a cost of USD 500 mn","author":"enterpriseam admin","date":"20 February 2019","format":false,"excerpt":"INVESTMENT WATCH- Actis-backed Lekela wants to build two wind plants in three years at a cost of USD 500 mn: Lekela Power is planning to invest USD 500 mn in two wind energy projects with a combined production capacity of 500 MW over the next three years, the company\u2019s Egypt\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":635644,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/10\/lekela-power-to-reach-financial-close-for-gulf-of-suez-wind-farm-in-2018\/","url_meta":{"origin":647414,"position":3},"title":"Lekela Power to reach financial close for Gulf of Suez wind farm in 2018","author":"enterpriseam admin","date":"10 December 2017","format":false,"excerpt":"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\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":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":647414,"position":4},"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. 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