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Egypt approves power purchase deal for Gulf of Suez wind farm

Egypt approves power purchase deal for Gulf of Suez wind farm
The project is built by the Orascom Construction-Engie-Toyota Tsusho consortium

Cairo – Mubasher: The Egyptian cabinet approved signing a power purchase agreement with the Orascom Construction-Engie-Toyota Tsusho consortium that builds a 500-megawatt (MW) wind farm in the Gulf of Suez.

The project is being implemented under a build-own-operate (BOO) scheme over two phases with a capacity of 250 MW each, according to a statement on Thursday.