World Bank approves power loan; Wind contract for Gamesa


Issue 225 - 16 Feb 2012 | 1 minute read

In a significant sign of international support for the transitional government, the World Bank has approved a $240m loan for additional financing of the Giza North power project; Spain’s Gamesa has signed a contract with the New & Renewable Energy Authority to deliver 200MW of turbines to a wind energy projects in the Gulf of El Zayt on Egypt’s Red Sea coast

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