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Qatar Index10,472.69-0.5%

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Qatar Index10,472.69-0.5%

DFM Index5,774.46+0.3%

TASI11,020.07-0.2%

Emirates NBD28.48+1.7%

Dubai Electricity & Water Authority2.760.0%

EMAAR11.88+0.3%

EMAARDEV14.120.0%

ADNOC GAS3.30+0.6%

First Abu Dhabi Bank17.200.0%

Emirates Telecom18.88+0.9%

Abu Dhabi Commercial Bank13.88+0.6%

Boubyan Bank0.67+0.2%

Burgan Bank0.19+0.5%

GULF BANK0.34+0.3%

Commercial Bank Of Kuwait0.49-1.0%

QNB17.30-1.1%

Industries Qatar12.16-0.1%

Qatar Islamic Bank22.00-0.5%

Ooredoo13.34+0.2%

Qatar Index10,472.69-0.5%

DFM Index5,774.46+0.3%

TASI11,020.07-0.2%

Emirates NBD28.48+1.7%

Dubai Electricity & Water Authority2.760.0%

EMAAR

11.88

+0.3%

EMAARDEV14.120.0%

ADNOC GAS3.30+0.6%

First Abu Dhabi Bank17.200.0%

Emirates Telecom18.88+0.9%

Abu Dhabi Commercial Bank13.88+0.6%

Boubyan Bank0.67+0.2%

Burgan Bank0.19+0.5%

GULF BANK0.34+0.3%

Commercial Bank Of Kuwait0.49-1.0%

QNB17.30-1.1%

Industries Qatar12.16-0.1%

Qatar Islamic Bank22.00-0.5%

Ooredoo13.34+0.2%

Orascom Construction Consortium to Develop 900 MW Build-Own-Operate Wind Farm in Egypt | premargin

Orascom Construction Consortium to Develop 900 MW Build-Own-Operate Wind Farm in Egypt

·ADX·General Disclosure | Announcements·March 23, 2026·View on exchange

AI Summary

Orascom Construction signed a Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company for a 900 MW wind farm in Ras Shokeir, Egypt.
The project will be developed under a 25-year Build-Own-Operate (BOO) model by a consortium including Orascom Construction (25%), Aeolus (40%), and ENGIE (35%).

Orascom Construction will execute all civil and electrical works for the plant, with financial close expected by early Q3 2026.

This development marks the consortium's third wind farm and will increase Orascom Construction's total wind power capacity to 1.8 GW.

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Orascom Construction Consortium to Develop 900 MW Build-Own-Operate Wind Farm in Egypt

ORASCOM CONSTRUCTION PLC