Mubadala-backed Alcazar Energy considers sale of Egypt, Jordan assets
Potential sale is precursor to firm raising another fund. Governments seek to increase renewable-energy sources. Alcazar Energy Ltd., backed by Abu Dhabi’s Mubadala Investment, is preparing the sale of some of their solar and wind assets in Egypt and Jordan, people with knowledge of the matter said. The renewable-energy developer is in talks with banks […]
This is age of renewables in Egypt, regional industry bosses say
As private investment in renewable energy grows globally, Egypt is uniquely positioned as one of the brightest markets (pun only partially intended). That’s the impression given by regional market leaders in a joint interview with Bloomberg Businessweek. On the state of the market: Economic expansion driven by the government’s reforms has provided the impetus for […]