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Iraqi Cabinet Approves Scatec Solar Projects | Iraq Business News

By John Lee. The Iraqi Cabinet has approved the Ministry of Electricity entering into a the contract for the construction of two solar energy projects in Karbala (300 megawatts) and Alexandria/Iskandariya (225 megawatts). The Ministry of Oil had previously announced the project in October, involving a consortium of companies led by the Norwegian Scatec, whose […] ....

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New consortium to develop wind farm in Egypt

Orascom’s consortium with Toyota Tsusho Corp./Eurus Energy Holdings Corp. and ENGIE has signed an agreement to develop, construct and operate a 500 MW wind farm in Ras Ghareb, Egypt. ....

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Egypt's PM attends signing of 2 agreements on setting up 500MW wind farm in Suez

Prime Minister Moustafa Madbouli attended the signing ceremony of two agreements on establishing a 500MW wind farm in the Gulf of Suez area. ....

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Orascom & Siemens Consortium to Build High Speed Rail in Egypt

Orascom Construction PLC, in a consortium with Siemens Mobility and Arab Contractors, has signed a contract with the National Authority for Tunnels to
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UK Export Finance backs Bombardier monorail project | Global Trade Review (GTR)

The UK’s export credit agency UK Export Finance (UKEF) is providing £1.7bn in backing for a monorail project in Egypt, the largest amount it has ever provided for an overseas infrastructure project.
UKEF’s support takes the form of a buyer credit guarantee on a €1.89bn loan facility, including financed ECA premium, for a €2.7bn contract supplied by Bombardier Transportation UK. The facility is administered by a syndication of banks, led by JP Morgan as the initial mandated lead arranger and facility agent. The other banks in the syndicate are CaixaBank, Crédit Agricole, Credit Suisse, KfW Ipex-Bank, NatWest, Société Générale and UBS. ....

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