Amunet Wind nearing financial close

In:

Renewables

Region:

Middle East & Africa

By Thomas Hopkins

The 500MW Amunet Wind onshore wind project in Egypt is nearing financial close.Sponsored by AMEA Power (60%) and Sumitomo (40%), the c.$709 million project will be located 9km northwest of Ras Ghareb in the Gulf of Suez region and will have a 25-year PPA with Egyptian Electricity Transmission...

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