Engie, with a consortium of partners, has inaugurated today the 263MW Ras Ghareb wind farm in Egypt, which is the country’s largest.
According to Engie, the 262.5MW Ras Ghareb wind farm started commercial operation in October 2019, six weeks ahead of schedule.
It is the first wind farm tendered on a build-own-operate (BOO) scheme in the country and is part of the Egyptian government’s drive to increase the share of renewables in the energy mix with a target wind generation capacity of 7GW by 2022.
The project company, Ras Ghareb Wind Energy SAE is owned by Engie (40%) and its consortium partners Toyota Tsusho Corporation/Eurus Energy Holdings Corporation (40%) and Orascom Construction (20%).
Total investment cost of the project is approximately $380m.
Shankar Krishnamoorthy, Engie’s executive vice president said: “Ras Ghareb wind farm illustrates our ambitious development strategy, aimed to accelerate the zero carbon transition of our clients.
“We are proud to contribute to the greening of Egypt’s energy mix and we are ready to further work with our partners towards the renewables’ objectives of the country.”