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Tag: Lekela Power

Five companies prequalify for Gulf of Suez wind farm tender

Posted: July 3, 2017 at 1:39 pm   /   Renewables

Five companies have reportedly entered the race for the New and Renewable Energy Authority (NREA)’s 250 MW wind farm project in the Gulf of Suez, Al Borsa reports. Among the bidders are Vestas, Siemens, Enercon, Ray Power, and a consortium comprised of Power China and Goldenwind. 21 companies, including Lekela Power, Nordic Power, and Orascom […]

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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 […]

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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 […]

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Lekela Power to begin Banban plant construction in October with $90 million investments

Posted: May 11, 2016 at 7:46 pm   /   Renewables

The company has put forward a competitive tender between five or six international entities. Lekela Power will begin construction of a solar energy plant with a 50MW capacity in Banban, Aswan with $90m investments. Construction will begin in October and is expected to be completed after nine months, CEO Chris Antonopoulos said. Two wind power […]

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