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ENGIE Inaugurates Ras Ghareb Wind Park in Egypt

Power News - Published on Thu, 12 Dec 2019

Image Source: Ras Ghareb Wind Park
ENGIE and its consortium partners inaugurated the 262.5 MW Ras Ghareb wind park, Egypt’s first private and largest wind farm. Ras Ghareb project started commercial operation in October 2019, 6 weeks ahead of schedule. It is the first wind farm tendered on a Build-Own-Operate scheme in the country and is part of the Egyptian government’s drive to increase the share of renewables in the energy mix with a target wind generation capacity of 7 GW by 2022.

The project company, Ras Ghareb Wind Energy SAE is owned by ENGIE 40% and its consortium partners Toyota Tsusho Corporation/Eurus Energy Holdings Corporation 40% and Orascom Construction 20%. The total investment cost of the project is approximately USD 380 million.

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Posted By : Arun Huidrom on Thu, 12 Dec 2019
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