{"id":651935,"date":"2017-02-23T04:07:15","date_gmt":"2017-02-23T04:07:15","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/23\/toyota-orascom-and-gd-france-to-sign-power-purchase-agreement-for-gulf-of-suez-wind-station-in-two-months\/"},"modified":"2017-02-23T04:07:15","modified_gmt":"2017-02-23T04:07:15","slug":"toyota-orascom-and-gd-france-to-sign-power-purchase-agreement-for-gulf-of-suez-wind-station-in-two-months","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/23\/toyota-orascom-and-gd-france-to-sign-power-purchase-agreement-for-gulf-of-suez-wind-station-in-two-months\/","title":{"rendered":"Toyota, Orascom, and GD France to sign power purchase agreement for Gulf of Suez wind station in two months"},"content":{"rendered":"

The Egyptian Electricity Transmission Company will be signing a power purchase agreement for the 250 MW wind power station that Toyota, Orascom, and GD France are co-developing the Gulf of Suez within two months, sources at the Electricity Ministry tell Al Borsa<\/a>. The companies will reportedly be given land for the wind farm in a few days\u2019 time and are approaching financial close for the EUR 250 mn project, the sources added.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Egyptian Electricity Transmission Company will be signing a power purchase agreement for the 250 MW wind power station that Toyota, Orascom, and GD France are co-developing the Gulf of Suez within two months, sources at the Electricity Ministry tell Al Borsa. The companies will reportedly be given land for the wind farm in a […]<\/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-651935","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"1d87a870-6c38-41aa-b20e-171a63cee145","order":"0","is_powered_by":true,"section_story_id":"4aa40b5a-e8b5-4174-a534-18df21747c9a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[651900],"teaser":"","voice_url":""},"yoast_head":"\nToyota, Orascom, and GD France to sign power purchase agreement for Gulf of Suez wind station in 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\/02\/23\/toyota-orascom-and-gd-france-to-sign-power-purchase-agreement-for-gulf-of-suez-wind-station-in-two-months\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Toyota, Orascom, and GD France to sign power purchase agreement for Gulf of Suez wind station in two months\" \/>\n<meta property=\"og:description\" content=\"The Egyptian Electricity Transmission Company will be signing a power purchase agreement for the 250 MW wind power station that Toyota, Orascom, and GD France are co-developing the Gulf of Suez within two months, sources at the Electricity Ministry tell Al Borsa. 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The consortium, which has reached financial close on the project, will\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":653016,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/24\/electricity-ministry-to-sign-250-mw-gulf-of-suez-wind-farm-contracts-within-weeks-sources\/","url_meta":{"origin":651935,"position":1},"title":"Electricity Ministry to sign 250 MW Gulf of Suez wind farm contracts within weeks -sources","author":"enterpriseam admin","date":"24 January 2017","format":false,"excerpt":"The Electricity Ministry should be signing the contract with Toyota, JD France, and Orascom for the 250 MW wind farm in the Gulf of Suez within weeks, now that it has finished amending contentious clauses to allow for international arbitration in dispute resolution, Al Borsa reports. The Egyptian Electricity Transmission\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":584685,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/04\/gulf-of-suez-wind-farm-reaches-financial-close\/","url_meta":{"origin":651935,"position":2},"title":"Gulf of Suez wind farm reaches financial close","author":"enterpriseam admin","date":"4 April 2023","format":false,"excerpt":"Project expected to come online in 3Q 2025","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\/2023\/4\/116.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":576872,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/01\/oc-breaks-ground-on-ras-ghareb-wind-farm-suez-cement-adds-more-solar-to-its-energy-mix\/","url_meta":{"origin":651935,"position":3},"title":"OC breaks ground on Ras Ghareb wind farm + Suez Cement adds more solar to its energy mix","author":"enterpriseam admin","date":"1 November 2022","format":false,"excerpt":"We have two stories this morning from Egypt\u2019s renewable energy sector after the Orascom-Engie-Toyota Tsusho consortium broke ground on its 500-MW wind farm in Ras Ghareb, while Suez Cement announced an agreement to install a solar facility at its Suez plant.CONSTRUCTION ON RAS GHAREB WIND FARM UNDER WAY-Orascom Construction, Toyota\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\/2022\/11\/42.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":543900,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/23\/acwa-power-in-advanced-talks-with-sfe-over-wind-farm-in-gulf-of-suez\/","url_meta":{"origin":651935,"position":4},"title":"ACWA Power in advanced talks with SFE over wind farm in Gulf of Suez","author":"enterpriseam admin","date":"23 February 2022","format":false,"excerpt":"ACWA Power in talks over c. 250 MW wind farm: Saudi renewables company ACWA Power is in advanced talks with the Sovereign Fund of Egypt (SFE) to build a c. 250 MW wind farm in the Gulf of Suez, Al Borsa reports, citing unnamed sources who claimed a contract could\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\/2022\/2\/333.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573841,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/19\/egypt-signs-egp-4-3-bn-gulf-of-suez-wind-power-plant-agreement-with-vestas\/","url_meta":{"origin":651935,"position":5},"title":"Egypt signs EGP 4.3 bn Gulf of Suez wind power plant agreement with Vestas","author":"enterpriseam admin","date":"19 August 2020","format":false,"excerpt":"INVESTMENT WATCH- Egypt, Vestas ink EGP 4.3 bn Gulf of Suez wind power plant agreement: The New and Renewable Energy Authority (NREA) signed yesterday a EGP 4.3 bn agreement with a consortium led by Denmark\u2019s Vestas to construct a 250 MW wind farm in the Gulf of Suez, according to\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed 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