Sovereign Fund of Egypt to take over hydro and renewable assets

Issue 453 - 27 Jan 2022 - By John Hamilton | 4 minute read

The Sovereign Fund of Egypt CEO Ayman Soliman intends to launch a new renewable energy sub-fund in 2022 which will take over assets belonging to some existing government energy sector institutions. He is also planning to invest heavily in renewables-powered sea water desalination projects which are essential for long-term water security.

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