Egypt is considering offers from a Blackstone Group unit and Edra Power Holdings Sdn Bhd of Malaysia to take over three power plants co-built by Siemens AG — a move that could cut the North African nation’s debts while bringing in much-needed foreign investment.

For more information, please see https://www.bloomberg.com/news/articles/2019-05-27/egypt-mulling-blackstone-unit-s-offer-to-take-over-power-plants