A consortium led by Saudi Arabia’s ACWA Power recently signed a monumental usufruct agreement for a 1.1-gigawatt wind energy project with $1.5bn of investment, according to a statement by the Egyptian cabinet.

The project will take root in the Suez Gulf and Gabal El Zeit regions, harnessing the wind’s potent energy to become the Middle East’s largest onshore wind farm and a global frontrunner.

For more information, please see https://www.dailynewsegypt.com/2024/01/10/egypt-unveils-1-1gw-wind-project-in-historic-1-5bn-deal-won-by-saudi-led-consortium-2/