AMEA Power’s Hussain al-Nowais in talks to secure $75m for Egypt

AMEA Power’s Hussain al-Nowais in talks to secure $75m for Egypt

At the helm of one of the largest photovoltaic projects on the continent, the Dubai-based company is continuing its efforts to attract financial backers.

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            ▪ AMEA Power’s Hussain al-Nowais in talks to secure $75m for Egypt

▪ At the helm of one of the largest photovoltaic projects on the continent, the Dubai-based company is continuing its efforts to attract financial backers.

https://www.africabusinessplus.com/en/813327/amea-powers-hussain-al-nowais-in-talks-to-secure-75m-for-egypt/

The end goal is to raise $300 million for its solar power plant in the governorate of Aswan, 800 km south of Cairo. With an initial capacity of 200 MW, the site will eventually grow to 500 MW, matching the power of its wind farm currently under development on the Red Sea.

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