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ACWA signs lease for 1.1GW Egyptian wind farm

RICHARD HEAP

January 15, 2024

Saudi Arabian developer ACWA Power has signed a lease with the Egyptian government to establish a 1.1GW onshore wind farm work in $1.5bn in the Gulf of Suez region.

ACWA leads a coalition developing the project and signed a leasing agreement with Egypt’s New & Renewable Energy Authority last Wednesday (10th January).

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