Dubai’s Alcazar Energy Raises $436M For 2 Wind Farms In Egypt

Detailed summary

Alcazar Energy's Niat and Rasgha wind projects in Egypt will have a combined capacity of 500 megawatts and are expected to begin operations by the end of 2028. Image by Alcazar…

Dubai-based Alcazar Energy Partners has obtained $436 million in debt financing for two wind farms in Egypt worth a combined $626 million, as the country expands its renewable energy capacity.

Opening of the article, excerpted from Forbes Middle East. To read the rest, open the article on the publisher's site.