The Adenium-Triangle consortium will sign a final agreement with a British bank to finance 85% of a solar power plant in Aswan under the first phase of the feed-in tariff projects within two weeks, Triangle finance boss Mohamed Ali told Al Borsa. The move would make Adenium-Triangle one of the few companies to close on a phase one project under the feed-in tariff program. The bank has no issue with domestic arbitration, Ali says, adding the group is hoping to sign its energy purchase agreement with the Egyptian Electricity Transmission Company by October. The 50 MW plant has an investment cost of USD 100 mn. Adenium Energy is the first company since KarmSolar to announce it will continue a phase one project.