{"id":647653,"date":"2017-05-16T03:53:33","date_gmt":"2017-05-16T03:53:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/16\/alfanar-injecting-usd-300-mn-investments-in-electricity-renewable-energy-in-egypt\/"},"modified":"2017-05-16T03:53:33","modified_gmt":"2017-05-16T03:53:33","slug":"alfanar-injecting-usd-300-mn-investments-in-electricity-renewable-energy-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/16\/alfanar-injecting-usd-300-mn-investments-in-electricity-renewable-energy-in-egypt\/","title":{"rendered":"Alfanar injecting USD 300 mn investments in electricity, renewable energy in Egypt"},"content":{"rendered":"

Saudi Arabia\u2019s Alfanar is targeting investments worth USD 300 mn in Egypt in the electricity and renewable energy sectors, vice chairman Sabah Almutlaq says, Al Borsa<\/a> reports. Almutlaq did not specify a time for the investments, but we know that Alfanar signed last week<\/a> a power purchase agreement to sell solar power from a USD 75 mn, 50 MW power station in Benban to the Egyptian Electricity Transmission Company.<\/p>\n","protected":false},"excerpt":{"rendered":"

Saudi Arabia\u2019s Alfanar is targeting investments worth USD 300 mn in Egypt in the electricity and renewable energy sectors, vice chairman Sabah Almutlaq says, Al Borsa reports. Almutlaq did not specify a time for the investments, but we know that Alfanar signed last week a power purchase agreement to sell solar power from a USD […]<\/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-647653","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"f4572e60-2af3-47b2-a3e0-b3a0b36c6ff1","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[647623],"teaser":"","voice_url":""},"yoast_head":"\nAlfanar injecting USD 300 mn investments in electricity, renewable energy in Egypt - 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\/16\/alfanar-injecting-usd-300-mn-investments-in-electricity-renewable-energy-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alfanar injecting USD 300 mn investments in electricity, renewable energy in Egypt\" \/>\n<meta property=\"og:description\" content=\"Saudi Arabia\u2019s Alfanar is targeting investments worth USD 300 mn in Egypt in the electricity and renewable energy sectors, vice chairman Sabah Almutlaq says, Al Borsa reports. Almutlaq did not specify a time for the investments, but we know that Alfanar signed last week a power purchase agreement to sell solar power from a USD […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/16\/alfanar-injecting-usd-300-mn-investments-in-electricity-renewable-energy-in-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-16T03:53:33+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\/05\/16\/alfanar-injecting-usd-300-mn-investments-in-electricity-renewable-energy-in-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/16\/alfanar-injecting-usd-300-mn-investments-in-electricity-renewable-energy-in-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Alfanar injecting USD 300 mn investments in electricity, renewable energy in Egypt\",\"datePublished\":\"2017-05-16T03:53:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/16\/alfanar-injecting-usd-300-mn-investments-in-electricity-renewable-energy-in-egypt\/\"},\"wordCount\":78,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/16\/alfanar-injecting-usd-300-mn-investments-in-electricity-renewable-energy-in-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/16\/alfanar-injecting-usd-300-mn-investments-in-electricity-renewable-energy-in-egypt\/\",\"name\":\"Alfanar injecting USD 300 mn investments in electricity, renewable energy in Egypt - 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The loan from the development bank will support Alfanar\u2019s renewable energy projects, including its 300 MW wind project in Spain. \u201cWith an existing\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":598058,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/13\/saudis-alfanar-to-build-usd-250-mn-wind-plant-in-egypt\/","url_meta":{"origin":647653,"position":1},"title":"Saudi\u2019s Alfanar to build USD 250 mn wind plant in Egypt","author":"enterpriseam admin","date":"13 May 2019","format":false,"excerpt":"Saudi-based Alfanar Company is planning to build a USD 250 mn wind power plant in Egypt by no later than 2021, CEO Gamal Wadi said, without revealing any further details. The plant comes as part of the company\u2019s global strategy to invest USD 1.6 bn in renewable energy projects producing\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":647327,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/08\/saudis-alfanar-to-start-purchasing-solar-power-from-eetc\/","url_meta":{"origin":647653,"position":2},"title":"Saudi\u2019s Alfanar to start purchasing solar power from EETC","author":"enterpriseam admin","date":"8 May 2017","format":false,"excerpt":"Saudi Arabia\u2019s Alfanar signed offtake agreement to sell solar power to the Egyptian Electricity Transmission Company and hopes to reach financial close on a solar power station in about two months\u2019 time, Al Borsa says. Alfanar vice chairman Sabah Almutlaq tells the newspaper the company is building a USD 75\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":638269,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/01\/icd-provides-alfa-solar-with-usd-28-5-mn-for-benban-solar-power-plant-project\/","url_meta":{"origin":647653,"position":3},"title":"ICD provides Alfa Solar with USD 28.5 mn for Benban solar power plant project","author":"enterpriseam admin","date":"1 October 2017","format":false,"excerpt":"The Islamic Corporation for the Development of the Private Sector (ICD) and Alfa Solar signed an agreement for USD 28.5 mn in shariah-compliant funding. The funding will go towards financing part of the development, construction and operation of a 50 MW PV solar power plant project in Egypt. ICD and\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":593955,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/15\/uaes-al-nowais-offers-to-set-up-usd-700-mn-renewable-energy-plants-in-egypt\/","url_meta":{"origin":647653,"position":4},"title":"UAE\u2019s Al Nowais offers to set up USD 700 mn renewable energy plants in Egypt","author":"enterpriseam admin","date":"15 October 2019","format":false,"excerpt":"Al Nowais Investments is bidding to build USD 700 mn-worth of renewable energy plants in Egypt, sources from the Electricity Ministry said, according to Al Mal. A 500 MW wind power plant and a 50 MW solar plant could be built in undisclosed locations under a build-own-operate framework. 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