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. ACWA Power Egypt and Hassan Allam Utilities Consortium represented by the Suez Wind Energy Company (the project company) and Egyptian Electricity Transmission Company (EETC) have signed a 25-year BOO base Power Purchase Agreement with a total investment value of US$1.1 Billion for the development/construction/operation of a 1.1 GW Wind Power Plant Project. EETC acts as the sole off-taker for the project.


The SWE project will be located in Ras Ghareb city- Red Sea Governorate- Egypt over 2 equal plots each will be 550 MW, 69 WTGs with a collector substation.

 

The SWE project is set to deliver highly efficient performance and be capable of powering 1,080,000 homes with clean energy, while offsetting nearly 2.4 million tons of emissions per year.

 

In addition to the SWE project contributions to reinforce the national electricity grid, the project company will be committed to follow and implement a dedicated local community investment plan within Ras Ghareb region.

 

Below is a list of the SWE project environmental studies and assessments performed to ensure the project full environmental and social compliance:

 

  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
  • Northern Plot (1)
    1. Northern Plot 1_ESIA (English)
    2. Northern Plot 1_BMP (English)
    3. Northern Plot 1_CHA (English)
    4. Northern Plot 1_ESMS Manual (English)
    5. Northern Plot 1_NTS (English)
    6. Northern Plot 1_SEP (English)
    7. Northern Plot 1_Bat Addendum Report (English)
    8. Northern Plot 1_Hydrological Study (English)
    9. PLOT 1_ CHA_REV2 – Updated (Arabic)
    10. Plot 1_BMP_REV1 -Updated (Arabic)
    11. PLOT 1_ESIA - Clean Version (Arabic)
    12. Plot_1_ESMS_Manual_REV1_Updated (Arabic)
    13. SEP_Plot 1_ACWA_Updated (Arabic)
    14. technical to technical_summary_plot_1 (Arabic)

 

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