Egypt : IFC supports $709 million Sumitomo/Amea Power wind farm
Located on the Red Sea, the IPP project carried out by the Emirati Amea Power in conjunction with the Japanese Sumitomo will deliver 500 MW.
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▪ Egypt : IFC supports $709 million Sumitomo/Amea Power wind farm
▪ Located on the Red Sea, the IPP project carried out by the Emirati Amea Power in conjunction with the Japanese Sumitomo will deliver 500 MW.
▪ https://www.africabusinessplus.com/en/813017/egypt-ifc-supports-709-million-sumitomo-amea-power-wind-farm/
The Amunet wind project by Amea Power is moving towards financial closure, having been confirmed in 2019 with the signing of a 25-year power purchase agreement with the Egyptian public electricity distribution company EETC.
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