Dabaa’ nuclear power project

22/3/2017

Project development, Project finance

Value:

$ 25 billion

Status:

Announced

Date:

22/3/2017

Overview:

The Dabaa' project is a $30 billion plan to construct the first nuclear power plant in Egypt.
Rusatom, a Moscow-based nuclear power company, signed an agreement with Minister of Electricity and Energy of the Arab Republic of Egypt to construct the plant.
A statement from Rosatom said this is the largest project between Egypt and Russia since the Aswan Dam.

Jon Moore - Journalist

Jurisdiction:

Egypt

Deal types:

Project development
Project finance

Practice areas:

Project finance
Project development

Governing laws:

England and Wales
Egypt

Industry sector:

Energy

Firms:

ALC - Alieldean Weshahi & Partners

Party: Rusatom (Project developer)

Lawyers: Ahmed Weshahi, Bahaa Alieldean

Gowling WLG

Party: Rusatom (Project developer)

Shearman & Sterling

Party: Arab Republic of Egypt (Sponsor)

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