IFLR1000

Dairut Combined 2250MW Gas Power Project

15/4/2016
Project development
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$ 2.5 billion

Announced

15/4/2016

Overview:

  • Dairut Combined 2250MW Gas Power Project.
  • The government of Egypt through the Egyptian Electricity Holding Company (EEHC) is developing a gas-fired IPP greenfield project in Egypt.
  • ACWA Power is the project developer. 
  • The project will have a capacity of 2250MW.
  • IFC is acting as financial adviser. 

Rani Mehta - Journalist

Jurisdiction:

Egypt

Deal type:

Project development

Practice area:

Project development

Industry sectors:

Energy
Oil and gas

Firms:
ALC - Alieldean Weshahi & Partners

Party: Egyptian Government (Sponsor)

Lawyer: Bahaa Alieldean

Helmy Hamza & Partners

Party: ACWA Power (Project developer)

Lawyer: Mohamed Ghannam

Hunton Andrews Kurth

Party: Egyptian Electricity Holding Company (Off-taker)

Shalakany Law Office

Party: Egyptian Electricity Holding Company (Off-taker)

Lawyer: Aly El Shalakany

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