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February 18,2025

ACWA Power Signs PPA for 2 GW Wind Project in Egypt

ACWA Power has signed a Power Purchase Agreement with Egypt's EETC for a 2 GW Wind Energy Project in South Hurghada, valued at $2.29 billion. This marks Egypt's largest Renewable Energy Project. Saudi companies, including ACWA Power, Alfanar, FAS, and MOWAH, have launched Five Renewable Energy projects in Egypt with a combined 1.

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