{"id":689434,"date":"2026-03-24T00:00:00","date_gmt":"2026-03-24T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?p=689434"},"modified":"2026-03-24T04:00:49","modified_gmt":"2026-03-24T04:00:49","slug":"orascom-construction-engie-toyota-tsusho-sign-ppa-for-900-mw-wind-farm-in-egypts-ras-shokeir","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/03\/24\/orascom-construction-engie-toyota-tsusho-sign-ppa-for-900-mw-wind-farm-in-egypts-ras-shokeir\/","title":{"rendered":"Orascom Construction, Engie, Toyota Tsusho sign PPA for 900 MW wind farm in Egypt\u2019s Ras Shokeir"},"content":{"rendered":"

Another 900 MW of renewable energy is set to hit the grid in <\/strong>mid-2028 from a wind farm near Ras Shokeir <\/strong>to be developed by a consortium of Orascom Construction, Engie, and Aeolus \u2014 the renewable energy platform backed by Toyota Tsusho Corporation \u2014 after the companies inked a power purchase agreement (PPA) for the project, according to a statement (pdf)<\/a> from Orascom Construction. <\/p>\n

By the numbers: <\/strong>The ownership structure sees Aeolus holding a 40% stake, Engie 35%, and Orascom Construction 25%. The new development will bring the consortium\u2019s total wind capacity in Egypt<\/a> to around 1.8 GW, up from its existing portfolio of 912 MW across two operational wind farms.<\/p>\n

The project will be developed under a 25-year build-own-operate model<\/strong>, with the Egyptian Electricity Transmission Company as the sole offtaker. As in previous projects, Orascom Construction will also execute the civil and electrical works for the balance of plant and supply selected local components, maintaining its dual role as contractor and equity partner. <\/p>\n

What\u2019s next? <\/strong>The project is now moving toward financial close, which is expected in early 3Q 2026, with construction to begin at the end of the year and full commercial operation to begin mid-2028, according to a statement<\/a> from consortium partner Engie.<\/p>\n","protected":false},"excerpt":{"rendered":"

The new development will bring the consortium\u2019s total wind capacity in Egypt to around 1.8 GW<\/p>\n","protected":false},"author":1,"featured_media":689435,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[93,6330,72,363,150,2263],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-689434","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-energy","tag-engie","tag-enterpriseam","tag-orascom-construction","tag-renewable-energy","tag-toyota-tsusho","wpautop","entry"],"acf":{"mongo_id":"7c68b2b0-7eac-427f-a033-1628546d28e2","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/4\/2088.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Another big-ticket wind farm is in the works","related_issue":[689419],"teaser":"The new development will bring the consortium\u2019s total wind capacity in Egypt to around 1.8 GW"},"yoast_head":"\nOrascom Construction, Engie, Toyota Tsusho sign PPA for 900 MW wind farm in Egypt\u2019s Ras Shokeir - 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\/2026\/03\/24\/orascom-construction-engie-toyota-tsusho-sign-ppa-for-900-mw-wind-farm-in-egypts-ras-shokeir\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orascom Construction, Engie, Toyota Tsusho sign PPA for 900 MW wind farm in Egypt\u2019s Ras Shokeir\" \/>\n<meta property=\"og:description\" content=\"The new development will bring the consortium\u2019s total wind capacity in Egypt to 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