📋 Tender Overview
Project Number
50309
Company Name
Abydos for Renewable Energy, SAE
Date SPI Disclosed
May 2, 2025
Country
Egypt, Arab Republic of
Region
Africa
Projected Board Date
Jul 31, 2025
Environmental Category
A
Status
Pending Approval
Last Updated Date
Department
Regional Industry - INF Africa
Industry
Infrastructure
Sector
Solar - Renewable Energy Generation
Additional Project Attributes
Blended Finance
Public-Private Partnerships
Project Description
The project consists of the development, financing, construction, operation and maintenance of a 1,000MWac solar Photovoltaic (PV) Power plant with 600MWh Battery Energy Storage System (BESS), located in Aswan Governorate, Egypt, under the terms of a 25-year Power Purchase Agreement with the Egypt Electricity Transmission Company, fully guaranteed by Egypt’s Ministry of Finance.
Associated Advisory Engagement
IFC Sustainable Infrastructure Advisory has undertaken a gender assessment of AMEA Power at corporate level; recommendations from the corporate assessment will be integrated at the project level as appropriate.
