Africa Red Sea wind plan reaches financial close 05/04/2023 By Ed Reed Egypt aims to add 10 GW of renewable power between 2023 and 2028. The Red Sea Wind Energy project is a first step for this.
Africa ACWA signs up $114mn financing for Kom Ombo 23/04/2021 By Ed Reed ACWA Power has signed a $114 million financing deal for its Kom Ombo solar plant, which will add 200 MW to Egypt’s power sector.
E&P Serinus focuses on returns, as debt shackles come off 08/02/2021 By Ed Reed Serinus Energy’s “shackles are off”, the company’s CEO Jeffrey Auld has said, with a newfound focus on generating cash and modest drilling plans.
E&P SDX starts up Sobhi flow 05/01/2021 By Ed Reed SDX Energy has begun producing at its Sobhi well in Egypt’s South Disouq licence, six weeks ahead of schedule.
