AMEA Power to operate $800M wind farm in Egypt next March

Updated 10/8/2024 8:50:00 AM
AMEA Power to operate $800M wind farm in Egypt next March

Arab Finance: AMEA Power, a subsidiary of the UAE-based AlNowais Investments, is planning to operate its wind farm in Ras Ghareb, Egypt in March 2025, Al Mal News reported.

The project’s total investments amount to around $800 million.

In July, the cabinet approved a proposal from AMEA Power to implement additional renewable energy projects before the summer of 2025.

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