Mazghouny & Co assists Scatec ASA with the signing of the 25-year PPA for its 1 GW solar with 100 MW/200 MWh battery storage project
Mazghouny & Co has assisted Scatec ASA, the global green energy company, in connection with the review and negotiation of a 25-year power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for its 1 GW solar with 100 MW/200 MWh battery storage project in Egypt. The project is expected to be the first […]
Mazghouny & Co assists Egypt Green Hydrogen with the signing of 20-year offtake agreement, based on H2Global award
Mazghouny & Co has assisted Egypt Green Hydrogen, the project developed by Scatec in partnership with Fertiglobe, Orascom Construction, The Sovereign Fund of Egypt, and the Egyptian Electricity Transmission Company, in connection with the a green ammonia offtake agreement signed with the German Hintco under the first ever H2Global auction. The 20-year ammonia offtake agreement […]
Mazghouny & Co assists Voltalia in connection with its 260,000 tonnes/year green hydrogen project with TAQA Arabia in Ain Sokhna, Egypt
Mazghouny & Co has assisted the international player in renewable energy, Voltalia, with its framework agreement signed alongside its partner TAQA Arabic, the leading Egyptian private sector energy and utility provider, during the Egypt-EU Investment Conference 2024, which was held on 29 and 30 June 29 2024 in Cairo, with The Sovereign Fund of Egypt, […]
Mazghouny & Co assists Damietta Green Ammonia with Heads of Terms for up to 150,000 tonnes/year renewable ammonia offtake agreement signed with Yara Clean Ammonia
Mazghouny & Co has assisted leading renewable energy solutions provider, Scatec, and its partners, the Egyptian Petrochemicals Holding Company (ECHEM) and Misr Fertilizers Production Company (MOPCO), with the Heads of Terms for renewable ammonia offtake from Egypt signed with Yara Clean Ammonia, the world’s largest trader and distributor of ammonia, after the “Damietta Green Ammonia” […]
Mazghouny & Co assists EgyptAlum with its agreement for carbon footprint certification
Mazghouny & Co assisted the Aluminium Company of Egypt (EgyptAlum), the largest aluminium producer in the country and one of the largest in Africa, and an affiliate of Egypt’s Metallurgical Industries Holding Company, a Public Business Sector holding company, with respect to its agreement with the leading independent testing and certification company TUV Austria for […]
Mazghouny & Co advises Engazaat on its 20MW+ solar power agreement with Majid Al Futtaim Properties to power retail assets in Egypt and Lebanon over 25 years
Mazghouny & Co has advised award-winning Egyptian solar water company Engazaat on its solar power agreement concluded with Majid Al Futtaim Properties, the leading shopping malls, communities, retail, and leisure pioneer, to provide 20MW+ of solar power capacity in 4 MAFP retail assets in Egypt and Lebanon. This is considered as the largest solar project in […]
Mazghouny & Co assists Scatec with the drafting and negotiation of an agreement with Echem and Mopco related to their joint green ammonia project
Mazghouny & Co assisted Scatec with signing the agreement concluded with the Egyptian Petrochemicals Holding Company (Echem) and Misr Fertilizers Production Company (Mopco). The signing took place on 02 December 2023, during COP28 in Dubai (UAE), and was witnessed by HE Eng Tarek El-Molla, the Egyptian Minister of Petroleum and Mineral Resources, and HE Dr Rania Al-Mashat, the Egyptian Minister […]
Mazghouny & Co advises Engazaat on its agreement for the supply of 7MW of solar power to Jushi in SCZone
Mazghouny & Co has advised Egyptian-based integrated independent power and water producer Engazaat, in a consortium with Chint Global, on the review of its Power Purchase Agreement for the supply of 7MW of solar PV power to world-leading fiberglass manufacturer Jushi to power Jushi Egypt for Fiberglass Industry’s factory in Ain Sokhna, in the Suez […]
Mazghouny & Co advises Scatec on its cooperation agreement with EEHC for the development of Egypt’s largest hybrid solar and battery storage project
Mazghouny & Co has advised Scatec on its early-stage cooperation agreement with the Egyptian Electricity Holding Company (EEHC), signed on 02 December 2023, at COP28, for a 1GW solar and 200 MWh battery storage project. A solar PV and battery storage plant combines two renewable technologies, addressing intermittency challenges, enhancing grid stability, and providing reliable […]
A new bill announced for green hydrogen projects’ incentives
The Cabinet of Ministers has approved in its meeting on 17 May 2023, the long-awaited incentives’ package for green hydrogen and derivatives’ projects established in Egypt, which will shortly be passed into law. Scope. The law will apply to green hydrogen and derivatives’ projects implemented in Egypt, which will conclude project agreements within 5 years […]