The New and Renewable Energy Authority (NREA), the Egyptian Electricity Transmission Company (EETC), and Alcazar Energy signed two investment, operation, and power purchase agreements for the 580-megawatt Gabal El-Zeit wind farm in the Red Sea Governorate.
Updated 6/9/2026 7:01:00 AM
The European Bank for Reconstruction and Development (EBRD) is considering providing up to $200 million in financing for two onshore wind power projects in Ras Ghareb, located in Egypt’s Red Sea Governorate.
Updated 6/2/2026 10:50:00 AMAlcazar Energy Partners has signed a share sale and purchase agreement with Siemens Gamesa Renewable Energy (SGRE) to construct and operate the 500 MW NIAT wind project in Egypt
Updated 11/23/2025 10:19:00 AMMinister of Investment and Foreign Trade Hassan El-Khatib discussed Alcazar Energy’s opportunities to enhance cooperation in the field of renewable energy and reviewed the company's strategy in the Egyptian market and its future projects
Updated 9/21/2025 6:00:00 AM
The Saudi-based power plants developer ACWA POWER and UAE’s Alcazar Energy have shown interest in acquiring the wind farms located in Egypt’s Gabal El Zeit and Zafarana.
Updated 5/10/2023 12:34:00 PM