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Ra Solar Plant

Sector: Solar • Location: Egypt, Arab Rep.

Source: World Bank Group

Project
Active

The project envisages the construction, development and operation of a solar plant with a capacity of 25 MW. It is located in Benban, city of Aswan. Voltalia is the sole owner and developer of the project.

This is a greenfield project initiated on a BOO modality.

The project is being developed within the country's feed in tariff (FIT) round two program. Egypt’s Electricity and Transmission Comp

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The project “Ra Solar Plant” is an infrastructure initiative in the Solar sector, located in Egypt, Arab Rep.. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The project envisages the construction, development and operation of a solar plant with a capacity of 25 MW. It is located in Benban, city of Aswan. Voltalia is the sole owner and developer of the project. This is a greenfield project initiated on a BOO modality. The project is being developed within the country's feed in tariff (FIT) round two program. Egypt’s Electricity and Transmission Company will purchase power from the projects under 25-year power purchase agreements. Total investment cost of the project was estimated at $33.3 million and is being funded through debt and equity in 75:25 ratio. Proparco (Agence Francaise de Developpement) has provided $24.9 million in debt financing, with the remaining ($8.4 million) being provided by the sponsor in equity contribution. Financing closed on October 19, 2017. https://ijglobal.com/data/transaction/39547/ra-pv-solar-plant-25mw Bank submission

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Source

Source reliability

High

Data quality score

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