Saudi Arabia’s ACWA Power Signs PPA with Egypt for a 200 MW Solar Project at Kom Ombo

Saudi Arabia’s ACWA Power Signs PPA with Egypt for a 200 MW Solar Project at Kom Ombo

ACWA Power, Saudi Arabia’s energy giant, has signed a power purchase agreement (PPA) with the government of Egypt to finance, develop, construct, and operate the 200 MW Kom Ombo solar ...
/ / Solar, Utility Scale
Enviromena Constructing 509 MW of Solar Projects in Middle East and Africa

Enviromena Constructing 509 MW of Solar Projects in Middle East and Africa

Enviromena Power Systems, a UAE-based clean energy company, has started the construction of 509 MW of solar photovoltaic (PV) projects in the Middle East and North Africa region. “The region ...
IFC-Led Consortium Invests

IFC-Led Consortium Invests $653 Million to Develop 13 Solar Projects in Egypt

A consortium of investors led by the International Finance Corporation (IFC), a member of the World Bank Group, has finalized a $653 million debt package to finance the construction of ...
/ / Finance and M&A, Solar
EBRD, GCF and FMO

EBRD, GCF and FMO to Provide $87 Million Loan to Develop Solar Projects in Egypt

The European Bank for Reconstruction and Development (EBRD), the Green Climate Fund (GCF), and the Netherlands Development Finance Company (FMO) have together agreed to provide an $87 million syndicated loan ...
/ / Finance and M&A, Solar