Meridiam and Partners Invest €1 Billion in Wind Energy in Egypt
Meridiam, alongside the EBRD, Hassan Allam Utilities, and ACWA Power, launches a wind energy project in Egypt with a capacity of 1,100 MW, marking significant progress for renewable energy on the African continent.
| Companies | ACWA Power |
|---|---|
| Sector | Énergie Éolienne, Terrestre |
| Theme | Investissements & Transactions, Financement, Développement de projets |
The French infrastructure fund Meridiam has announced a partnership to develop a wind energy project in Egypt, representing an investment of over €1 billion. According to the company, this is the largest wind energy project in Africa. The project will be carried out in collaboration with the European Bank for Reconstruction and Development (EBRD), Hassan Allam Utilities (HAU), a key Egyptian energy sector player, and the Saudi group ACWA Power.
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