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Tag: UK
UK

UK companies explore energy opportunities in the Egyptian market

Posted: October 29, 2020 at 1:00 pm   /   Oil & Gas

UK-Scottish companies explore business opportunities in Egypt as the country transitions to net zero. The UK Department for International Trade (DIT), in partnership with the Scottish Development International (SDI) organised the first virtual energy event to explore business opportunities for UK-Scottish companies in Egypt’s transition to net zero, as part of UK’s endeavour to support […]

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EFG Hermes

Egypt’s EFG Hermes sells UK Solar Assets for over $600 million

Posted: October 5, 2020 at 10:13 pm   /   Renewables

The deal values Vortex III portfolio at almost $650 million  EFG may invest $600 million building a new renewable portfolio  Egyptian investment bank EFG-Hermes Holding Co. sold a controlling stake in a U.K. solar-energy portfolio to a Malaysian utility in a deal that values the assets at 500 million pounds ($647 million). EFG-Hermes’s private equity […]

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Carbon Holdings

UK to provide $1.6 billion in funding to Carbon Holdings’ Tahrir plant

Posted: May 30, 2018 at 2:23 pm   /   Oil & Gas

The UK will be providing Carbon Holdings’ Tahrir Petrochemicals Corporation with “an unprecedented” USD 1.6 billion financing package through UK Export Finance, the country’s export credit agency, UK Minister of Investment Graham Stuart told us in an interview in Cairo yesterday. TPC could help double Egypt’s total exports, catalyze industrial growth: “We are excited about […]

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