{"id":649789,"date":"2017-03-08T04:17:00","date_gmt":"2017-03-08T04:17:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/08\/elsewedy-in-talks-for-benban-solar-power-plant-loan-transformer-stations\/"},"modified":"2017-03-08T04:17:00","modified_gmt":"2017-03-08T04:17:00","slug":"elsewedy-in-talks-for-benban-solar-power-plant-loan-transformer-stations","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/08\/elsewedy-in-talks-for-benban-solar-power-plant-loan-transformer-stations\/","title":{"rendered":"Elsewedy in talks for Benban solar power plant loan, transformer stations"},"content":{"rendered":"

Elsewedy Electric is in talks with financial institutions for a loan to fund its 50 MW solar power plant project in Benban as part of the feed-in tariff (FiT) program, according to a bourse filing<\/a>. Elsewedy has also confirmed<\/a> it is in negotiations for a USD 75 mn loan to finance the project and moving forward as planned in 2016<\/a>. On a related note, Separately, Elsewedy and Siemens are in negotiations with the Egyptian Electricity Transmission Company (EETC) to build two 500kV transformer stations at a cost of EGP 2.2 bn in Gharbeia and Beheira, Elsewedy said in a bourse filing<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Elsewedy Electric is in talks with financial institutions for a loan to fund its 50 MW solar power plant project in Benban as part of the feed-in tariff (FiT) program, according to a bourse filing. Elsewedy has also confirmed it is in negotiations for a USD 75 mn loan to finance the project and moving […]<\/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-649789","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"c11ae3ad-3168-499b-bdbd-a1c5e04d0ea3","order":"0","is_powered_by":true,"section_story_id":"128dec6f-ac42-4fa6-8a65-8f8beceef6c4","story_type":"1","photo_url":"","photo_position":"above","related_issue":[649754],"teaser":"","voice_url":""},"yoast_head":"\nElsewedy in talks for Benban solar power plant loan, transformer stations - 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\/03\/08\/elsewedy-in-talks-for-benban-solar-power-plant-loan-transformer-stations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elsewedy in talks for Benban solar power plant loan, transformer stations\" \/>\n<meta property=\"og:description\" content=\"Elsewedy Electric is in talks with financial institutions for a loan to fund its 50 MW solar power plant project in Benban as part of the feed-in tariff (FiT) program, according to a bourse filing. Elsewedy has also confirmed it is in negotiations for a USD 75 mn loan to finance the project and moving […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/08\/elsewedy-in-talks-for-benban-solar-power-plant-loan-transformer-stations\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-08T04:17:00+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\/03\/08\/elsewedy-in-talks-for-benban-solar-power-plant-loan-transformer-stations\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/08\/elsewedy-in-talks-for-benban-solar-power-plant-loan-transformer-stations\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Elsewedy in talks for Benban solar power plant loan, transformer stations\",\"datePublished\":\"2017-03-08T04:17:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/08\/elsewedy-in-talks-for-benban-solar-power-plant-loan-transformer-stations\/\"},\"wordCount\":108,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/08\/elsewedy-in-talks-for-benban-solar-power-plant-loan-transformer-stations\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/08\/elsewedy-in-talks-for-benban-solar-power-plant-loan-transformer-stations\/\",\"name\":\"Elsewedy in talks for Benban solar power plant loan, transformer stations - 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The project comes at an investment cost of USD 70 mn and will produce 65 MW annually. Project funding will be provided\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":638687,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/11\/elsewedy-electric-to-financially-close-on-benban-solar-power-plant-in-10-days\/","url_meta":{"origin":649789,"position":1},"title":"Elsewedy Electric to financially close on Benban solar power plant in 10 days","author":"enterpriseam admin","date":"11 October 2017","format":false,"excerpt":"Elsewedy Electric plans to reach financial close on its USD 70 mn solar power plant in Benban in 10 days, CEO Ahmed Elsewedy tells Al Borsa. Work on the project, which will be funded through the European Bank for Reconstruction and Development and the French Development Agency, will begin in\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":597467,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/elsewedy-to-complete-power-line-in-egypts-benban-solar-complex-september\/","url_meta":{"origin":649789,"position":2},"title":"Elsewedy to complete power line in Egypt\u2019s Benban solar complex September","author":"enterpriseam admin","date":"28 July 2019","format":false,"excerpt":"Elsewedy Electric will complete in September a 185 km, 500 kV overhead power line to connect Benban 3, a transformer station in Benban\u2019s solar park, to the grid through Naga Hamady in Upper Egypt, sources from the Electricity Ministry told the press. The transmission line, for which Elsewedy signed a\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":596165,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/20\/elsewedy-electric-scatec-solar-begin-commercial-operations-at-new-benban-solar-plants\/","url_meta":{"origin":649789,"position":3},"title":"ElSewedy Electric, Scatec Solar begin commercial operations at new Benban solar plants","author":"enterpriseam admin","date":"20 August 2019","format":false,"excerpt":"Elsewedy, Scatec Solar begin commercial operations at new Benban solar plants: ElSewedy Electric has reached full commercial operation at two solar energy plants in Aswan\u2019s Benban solar power park, according to a company statement (pdf). The two plants, which cost a combined USD 140 mn project, were built by ElSewedy\u2026","rel":"","context":"In "Speed Round"","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":608178,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/16\/elsewedy-and-al-kharafi-grab-electricity-transformer-station-contracts\/","url_meta":{"origin":649789,"position":4},"title":"Elsewedy and Al Kharafi grab electricity transformer station contracts","author":"enterpriseam admin","date":"16 October 2023","format":false,"excerpt":"The government has EGP 7 bn project to establish nine transformer stations in partnership with the private sector","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/779.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594015,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/16\/edf-elsewedy-commission-130-mw-solar-power-plants-in-egypts-benban\/","url_meta":{"origin":649789,"position":5},"title":"EDF, Elsewedy commission 130 MW solar power plants in Egypt\u2019s Benban","author":"enterpriseam admin","date":"16 October 2019","format":false,"excerpt":"EDF Renewables and Elsewedy Electric have commissioned two solar power plants with a combined capacity of 130 MW in the Benban solar power park, according to an EDF statement. The two companies began operating the plants in August under a 25-year power purchase agreement with the Egyptian Electricity Transmission Company\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\/649789","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=649789"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/649789\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/649754"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=649789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=649789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=649789"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=649789"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=649789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}