Saudi Company ACWA Power has recently signed a contract with Egypt’s Ministry of Electricity to invest $1.5 billion in the construction of the largest wind power plant in the Middle East.

This came as a part of the signing of 14 joint investment agreements between Egypt and Saudi Arabia, worth $7.7 billion, in the fields of energy, petroleum, food industries, information technology and cybersecurity.

For more information, please see https://www.egypttoday.com/Article/3/117027/ACWA-Power-signs-1-5B-contract-with-Egypt-to-build