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Sunday, 15 December 2019

Arab, foreign companies look to acquire solar plants in Egypt’s Benban park

A number of Arab and foreign companies are in “extensive” negotiations to acquire solar plants in the recently inaugurated Benban solar power park, unnamed sources tell the local press. According to the sources, an unnamed company is closing in on acquiring Italy’s Enerray’s 50 MW plant, while two Emirati companies are looking to acquire three 150 MW plants and a Chinese firm is eyeing another 50 MW facility.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2018 Enterprise Ventures LLC.