EBRD to provide $50m long-term loan for Egypt’s Ras Ghareb wind plant
EBRD to provide long-term loan to Egypt for large wind plant in Gulf of Suez: The EBRD has approved a USD 50 mn long-term loan to help finance a USD 560 mn, 500 MW wind power plant in the Gulf of Suez. The plant, which will be located approximately 40 km northwest of Ras Ghareb, […]
Engie, Orascom inaugurate Egypt’s largest wind farm at Ras Ghareb
ENGIE and its consortium partners inaugurated today the 262.5 MW Ras Ghareb wind park, Egypt’s first private and largest wind farm. Ras Ghareb project started commercial operation in October 2019, 6 weeks ahead of schedule. It is the first wind farm tendered on a Build-Own-Operate (BOO) scheme in the country and is part of the […]
Siemens Gamesa lands 262 MW supply of wind turbines for Ras Ghareb farm
Siemens Gamesa nabs 262-MW order in Egypt Wind turbine manufacturer Siemens Gamesa Renewable Energy SA today announced a 262-MW order for the Gulf of Suez wind farm in Egypt. The order, signed in the final quarter of 2017, was secured from a consortium made up of French utility Engie, Japanese power companies Toyota Tsusho Corp […]
Engie-Orascom-Toyota win contract for 250 MW wind farm in Ras Gharib
ENGIE wins renewable energy project in Egypt and will develop a 250 MW wind power park. ENGIE has signed a contract to build, own and operate (BOO) a 250 MW wind farm together with its consortium partners Toyota Tsusho Corporation/Eurus Energy Holdings Corporation (40%) and Orascom Construction Limited (20%). The wind farm will be located […]
