PROJECT

Projects

Summary of Investment Information

Project Number

37633

Company Name

CTGI RENEWBLE ENERGY EGYPT SOLAR 1 SAE

Date SPI Disclosed

May 4, 2016

Country

Egypt, Arab Republic of

Region

Africa

Projected Board Date

Jul 20, 2017

Environmental Category

B - Limited

Status

Active

Last Updated Date

Sep 30, 2022

Department

Gbl Infrastructure & Natural Resources

Industry

Infrastructure

Previous Events

Approved : Sep 29, 2017
Signed : Oct 11, 2017
Invested : Jun 1, 2018

Sector

Solar - Renewable Energy Generation

Project Description

The project is a greenfield 50 MW photovoltaic (PV) plant being developed by Alcazar Energy Partners (the sponsor) with Enerpal International S.L.U (Enerpal) as a technical consultant.  The sponsor will own the project company “Alcazar Energy Egypt Solar 1 SAE”.  The Engineering, Procurement & Construction (EPC) Contractor will be a joint venture between TSK and Enviromena, who will also undertake the role of the Operations and Maintenance (O&M) for this project.  Environmena was established in Abu Dhabi in 2007, as the first downstream solar company in the Middle East and North Africa.  TSK was established as a public company in 1986 and began working in the solar PV field since 2006.  

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation