{"id":648719,"date":"2017-04-10T05:26:51","date_gmt":"2017-04-10T05:26:51","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/10\/lekela-power-to-sign-usd-350-mn-agreement-for-250-mw-wind-farm-in-2q207\/"},"modified":"2017-04-10T05:26:51","modified_gmt":"2017-04-10T05:26:51","slug":"lekela-power-to-sign-usd-350-mn-agreement-for-250-mw-wind-farm-in-2q207","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/10\/lekela-power-to-sign-usd-350-mn-agreement-for-250-mw-wind-farm-in-2q207\/","title":{"rendered":"Lekela Power to sign USD 350 mn agreement for 250 MW wind farm in 2Q207"},"content":{"rendered":"

Lekela Power for New and Renewable Energy expects to sign with the Electricity Ministry a USD 350 mn agreement to establish a 250 MW wind farm in the Gulf of Suez in this quarter, Daily News Egypt reports<\/a>. Lekela and the ministry had signed an MoU for the project two years ago. Private equity firm Actis, which owns 60% of Lekela, portfolio of renewable energy investments includes a 50 MW wind farm in Ras Ghareb and a 50 MW solar power plant in Benban, Aswan.<\/p>\n","protected":false},"excerpt":{"rendered":"

Lekela Power for New and Renewable Energy expects to sign with the Electricity Ministry a USD 350 mn agreement to establish a 250 MW wind farm in the Gulf of Suez in this quarter, Daily News Egypt reports. Lekela and the ministry had signed an MoU for the project two years ago. Private equity firm […]<\/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-648719","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"b96aed7b-f5ee-47d2-802d-0e406bfae280","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[648703],"teaser":"","voice_url":""},"yoast_head":"\nLekela Power to sign USD 350 mn agreement for 250 MW wind farm in 2Q207 - 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\/04\/10\/lekela-power-to-sign-usd-350-mn-agreement-for-250-mw-wind-farm-in-2q207\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lekela Power to sign USD 350 mn agreement for 250 MW wind farm in 2Q207\" \/>\n<meta property=\"og:description\" content=\"Lekela Power for New and Renewable Energy expects to sign with the Electricity Ministry a USD 350 mn agreement to establish a 250 MW wind farm in the Gulf of Suez in this quarter, Daily News Egypt reports. Lekela and the ministry had signed an MoU for the project two years ago. 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Lekela will pay the NREA 2% of the power produced annually for its right\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":641454,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/24\/lekela-power-to-sign-contracts-for-usd-350-mn-wind-farm-project-by-year-end\/","url_meta":{"origin":648719,"position":1},"title":"Lekela Power to sign contracts for USD 350 mn wind farm project by year-end","author":"enterpriseam admin","date":"24 September 2017","format":false,"excerpt":"Lekela Power for New and Renewable Energy is expected to sign the contracts for its USD 350 mn, 250 MW wind farm in the Gulf of Suez by year-end, Actis Partner Sherif El Kholy tells Al Masry Al Youm. Actis, an emerging markets equity player, owns 60% of Lekela. El\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":605305,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/27\/eetc-to-sign-final-ppa-with-lekela-power-next-month-for-250-mw-suez-wind-farm\/","url_meta":{"origin":648719,"position":2},"title":"EETC to sign final PPA with Lekela Power next month for 250 MW Suez wind farm","author":"enterpriseam admin","date":"27 December 2018","format":false,"excerpt":"The Egyptian Electricity Transmission Company (EETC) plans to sign next month the final power purchasing agreement with Lekela Power next month for its 250 MW wind farm in the Gulf of Suez, after Lekela secured funding for the project, according to unnamed sources. The European Bank for Reconstruction and Development\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":635853,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/14\/lekela-power-signs-ppa-with-eetc-for-250-mw-gulf-of-suez-wind-farm\/","url_meta":{"origin":648719,"position":3},"title":"Lekela Power signs PPA with EETC for 250 MW Gulf of Suez wind farm","author":"enterpriseam admin","date":"14 December 2017","format":false,"excerpt":"Lekela Power has signed a power purchasing agreement with the Egyptian Electricity Transmission Company for its USD 400 mn, 250 MW wind farm in the Gulf of Suez, Al Shorouk reports. Lekela is expecting to reach financial close on the project sometime next year.","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":623336,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/28\/lekela-power-seeks-usd-81-4-mn-in-ebrd-funding-for-250-mw-wind-farm\/","url_meta":{"origin":648719,"position":4},"title":"Lekela Power seeks USD 81.4 mn in EBRD funding for 250 MW wind farm","author":"enterpriseam admin","date":"28 October 2018","format":false,"excerpt":"Lekela Power is looking to borrow USD 81.4 mn from the European Bank for Reconstruction and Development (EBRD) and other parties to fund the development of its 250 MW wind farm in the Gulf of Suez, according to documents released last week by the EBRD. 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Lekela, which is majority owned by Actis, is preparing to begin construction on the project,\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/648719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=648719"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/648719\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/648703"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=648719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=648719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=648719"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=648719"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=648719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}