Egypt gathers support for gas, nuclear and solar projects


Issue 313 - 03 Dec 2015 - By John Hamilton

A large number of power sector deals in recent weeks point to the way ahead for Egypt’s electricity sector and indicate how risk will be shared between the government, financiers and developers. The Ministry of Electricity plans to include nuclear as well as gas and renewables in its long-term energy mix and has received potent backing from governments, multilateral lenders, banks and private sector developers, none of them so far dissuaded by the political risks associated with terrorism or the country’s still-fragile finances.

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