Key Factors
- Orascom Building launches 306 MW at Ras Ghareb wind farm, surpassing the goal by 56 MW, 4 months forward of schedule.
- The wind farm, a part of a 650 MW undertaking, powers 1 million properties and reduces 1.3 million tons of carbon emissions yearly.
- By Q3 2025, Orascom goals to finish the most important operational wind farm within the Center East and Africa, increasing Egypt’s renewable power capability.
Orascom Building, managed by Egypt’s wealthiest household, the Sawiris household, has launched business operations for 306 MW at the newly expanded Ras Ghareb wind farm, 4 months forward of schedule. This achievement surpasses the unique goal by an extra 56 MW, marking a big step within the firm’s renewable power efforts.
The 650 MW wind farm, developed below a Construct-Personal-Function (BOO) scheme, is a collaborative undertaking supported by main international and regional establishments, together with the Japan Financial institution for Worldwide Cooperation, Société Générale, and the European Financial institution for Reconstruction and Improvement. The finished section now powers over 1 million properties and reduces carbon emissions by 1.3 million tons yearly.
Orascom powers Egypt’s renewable future
By Q3 2025, the undertaking, which began over two years ago, is predicted to turn into the most important operational wind farm within the Center East and Africa. With 306 MW already operational, the remaining capability will probably be linked to the grid, additional solidifying Orascom Building’s dedication to advancing Egypt’s renewable power aims.
As a part of the Pink Sea Wind Power consortium, alongside companions ENGIE, Toyota Tsusho Company, and Eurus Power, Orascom has expanded its function in Egypt’s renewable power sector. The consortium’s mixed efforts have elevated Egypt’s complete wind energy capability to 912.5 MW, cementing Orascom’s management in sustainable power options for the area.
Driving Egypt’s renewable power future
Orascom Construction PLC, a number one engineering and development agency based in 1976 by the late Onsi Sawiris, continues to drive Egypt’s renewable power transformation throughout the Center East, Africa, and the U.S.
Nassef Sawiris, Egypt’s wealthiest particular person, owns a 36.52 % stake in Orascom Building, contributing to the corporate’s prominence in inexperienced expertise.
As a part of the Pink Sea Wind Power consortium with ENGIE, Toyota Tsusho, and Eurus Power, Orascom has performed a pivotal function in sustainably addressing Egypt’s rising power wants by way of its experience in Construct-Personal-Function (BOO) schemes and superior inexperienced expertise.
