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Lekela – Gulf of Suez Wind Farm 250 MW – Egypt - Project Profile

Lekela – Gulf of Suez Wind Farm 250 MW – Egypt - Project Profile

Synopsis

"Lekela – Gulf of Suez Wind Farm 250 MW – Egypt - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "Lekela – Gulf of Suez Wind Farm 250 MW – Egypt - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

Lekela Power (Lekela), a joint venture of Actis and Mainstream Renewable Power is undertaking the Wind Farm project in the Gulf of Suez, Egypt.

The project involves the construction of a 250MW wind farm. It includes the construction of powerhouse and substations, the installation of wind turbines, electric feeder system, converters, transformers, power controlling systems and the laying of transmission lines.

GL Garrad Hassan, Fichtner and Company were appointed as study consultant to provide technical assistance, and also to perform the feasibility and wind measurement studies.

In November 2012, 10 bidders were shortlisted by Egyptian Electricity Transmission Company (EETC) for the development of the project.

In May 2013, a request for proposal (RFP) to build, own and operate (BOO) the project was issued by EETC.

On November 5, 2015, Lekela signed a memorandum of understanding (MoU) with EETC to develop the project under BOO contract.

In November 2016, the project secured US$283 million funding from European Development Partners (EDP) comprising the European Union (EU), KfW for German Development Cooperation, the European Investment Bank (EIB) and Agence Française de Développement (AFD). Under the agreement EU will provide US$32 million, KfW will US$76 million, EIB will US$122 million and AFD will US$53 million while the remaining UIS$82 million will be provided by the government of Egypt.

Lekela is undertaking the development works.

Scope

The project involves the construction of a 250MW offshore wind farm in Gulf of Suez, Egypt.

The US$365 million project includes the following:

1. Installation of wind turbines

2. Installation of transformers

3. Installation of power controlling systems

4. Construction of a powerhouse

5. Construction of a substation

6. Laying of transmission lines

Reasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix

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