Alcazar Energy Partners Signs MoU for 2 GW Wind Project in Egypt

Dubai-based Alcazar Energy Partners has signed an MoU with Egypt's EETC and NREA to develop a 2 GW Onshore Wind Project. The project will power 1.3 million households, reduce CO2 emissions by 4.7 million tonnes annually, and create 12,500 construction and 1,170 operational jobs. Alcazar focuses on Renewable Energy in emerging markets and recently closed its $490 million AEP-II fund.