Newsletter subscribe
Tag: Actis
EBRD wind

EBRD provides $252 million loan for 250 MW wind farm in Gulf of Suez

Posted: August 14, 2019 at 1:04 pm   /   Renewables

EBRD, IFC and OPIC providing US$ 252 million loan to a project company owned by Lekela Power BV Funds will finance 250MW wind farm in the Gulf of Suez Clean energy expected to reduce CO2 emissions by 550,000 tons per year The European Bank for Reconstruction and Development (EBRD) is stepping up its support for […]

No Comments read more
wind farm construction

Lekela Power nears contract finalization for $350m wind farm investment

Posted: May 10, 2017 at 2:28 pm   /   Renewables

Lekela Power, the pan-African renewable operator that is reportedly 60% owned by funds controlled by emerging markets private equity player Actis, will sign contracts for a USD 350 mn, 250 MW wind farm in the Gulf of Suez within two months, Actis Partner Sherif El Kholy says, according to Al Mal. Lekela’s website says it […]

No Comments read more

Lekela Power to sign $350 million agreement for 250 MW wind farm in current quarter

Posted: April 10, 2017 at 1:08 pm   /   Renewables

Agreement with the government over the establishment to be signed soon. Lekela Power for New and Renewable Energy intends to sign an agreement with the government to establish a wind farm in the second quarter of this year. The total cost of this farm is estimated at $350m. Actis Egypt’s director, Sherif Elkholy, said that […]

No Comments read more