Egypt GTP plants

Disputes between Egyptian state bodies slow sales of generation assets

In depth
Issue 486 - 12 Jun 2023 - By John Hamilton | 8 minute read

As Cairo seeks buyers for its prized power generation assets, it may have to accept lower prices than it wants, as investors shift away from gas-fuelled plants in light of climate change concerns. Potential buyers from the Gulf and elsewhere also recognise Egypt is under pressure to sell as a result of the country’s debt crisis. Complicating matters still further is the enmity between key arms of the state which could delay any deals, writes Moataz Khalil with John Hamilton.

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