Suez Wind Energy - 1.1 GW

OVERVIEW

ACWA Power Consortium and Egyptian Electricity Transmission Company (EETC) have signed a 25-year Power Purchase Agreement with a total investment value of US$1.5 Billion for the development/construction/operation of a 1.1 GW Wind Power Plant Project. EETC acts as the sole off-taker.


The project will be located in Suez Gulf and Gabal El Zeit province near Ras Gharib city and will be developed as a ‘Build, Own, Operate’ project. ACWA Power will take the lead in developing, financing, engineering, constructing, operating and maintaining of the plant delivering power to the unified national grid.


Worth noting, the energy will be generated Using 220 m tip height Wind Turbines with the latest technology, the plant is set to deliver highly efficient performance and be capable of powering 1,080,000 homes, while offsetting nearly 2.4 million tons of emissions per year.

 

  1. Non Technical Summary (NTS) for Plot 1 – English Version
  2. Non Technical Summary (NTS) for Plot 2 – English Version
  3. Environmental & Social Impact Assessment (ESIA) – Plot 1 – English Version
  4. Environmental & Social Impact Assessment (ESIA) – Plot 2 – English Version
  5. Environmental & Social Impact Assessment (ESIA) – Plot 1 – Arabic Version
  6. Environmental & Social Impact Assessment (ESIA) – Plot 2 – Arabic Versio.
  7. EEAA – Approval – Arabic Version

KEY FACTS

  • LOCATION
    Suez Gulf and Gabal El Zeit, Ras Gharib, Egypt
  • OFFTAKER
    Egyptian Electricity Transmission Company (EETC) Power
  • CAPACITY
    1100 MWac
  • TECHNOLOGY
    Wind
  • PROJECT COST
    USD 1.5 Billion
  • OFFTAKE CONTRACT
    PPA-BOO-25 YR
  • PROJECT COMPANY
    Suez Wind Energy