Mazghouny & Co advises juwi on the construction of world’s largest solar hybrid project at an off-grid gold mine in Egypt
Mazghouny & Co has advised the South-African subsidiary of German renewable energy specialist juwi AG, on the agreement signed with Sukari Gold Mine to design, supply, build and integrate a solar battery hybrid power plant for Egypt’s largest gold mine, which is owned and operated by Centamin plc in partnership with the Egyptian Government. The […]
Mazghouny & Co recognised by The Legal 500 EMEA 2021
Mazghouny & Co is proud to have been recognised for its year of practice in Tier 2 for both Energy, and Projects and Infrastructure in The Legal 500 EMEA 2021 guide. The ranking is a testament to the team’s incredible work since the launch of the firm in February 2020. Donia El-Mazghouny, Founder and Managing […]
Mogamma El-Tahrir repurposing: a new complex Hotel Management Agreement (HMA) negotiation in view?
The Sovereign Fund of Egypt (TSFE) has just announced that the conditions booklet for the overhaul of Mogamma El-Tahrir will be made available “within hours”. TSFE will give prospective private sector partners a few months’ window to purchase the booklet and submit their bids on the project, which is anticipated to see the Mogamma transformed […]
Mazghouny & Co advises impact investment company Empower New Energy on its first solar power project completed in Egypt
Empower New Energy‘s first solar power project in Egypt has been commissioned earlier this month and is generating electricity for one of the country’s leading aluminium manufacturers. The 495kWp rooftop solar power plant has been financed by Empower and developed in partnership with Gree Solar. The project is expected to generate 859,658kWh per year, and […]
Mazghouny & Co’s founder is featured in The Law magazine’s special issue on women in law
Donia El-Mazghouny, Mazghouny & Co’s founder and Managing Partner, shares her thoughts on the importance of gender diversity in law firms and how Egyptian women are navigating the legal field and pushing forward. You can read the interview here, to learn about her experience in setting up a law firm during Covid-19 pandemic, the challenges […]
Mazghouny & Co advises 32 Benban developers on the settlement of the EGP 1.6 billion CSA cost overrun claim of the Egyptian Electricity Transmission Company
Mazghouny & Co has assisted 32 solar power developers in Benban in connection with the settlement of the cost sharing agreement cost overrun dispute which had arisen with the Egyptian Electricity Transmission Company (EETC) over a year ago regarding the shared interconnection works in the site. Mazghouny & Co has drafted the settlement agreement and […]
Has Egypt just announced new investment opportunities in the electricity sector?
In a live broadcast organised by the American Chamber of Commerce in Cairo on 03 November 2020, the Egyptian Minister of Electricity and Renewable Energy revealed very positive data on the Ministry’s work over the past 6 years and a number of extremely interesting investment opportunities in the Egyptian electricity sector for the next few […]
New points-based system granting medium-term residence permits to foreign investors in renewables, utilities, and infrastructure projects, among others
The board of directors of the General Authority for Investment and Free Zones (GAFI) has just approved a new points-based system to facilitate the issuance of residence permits for foreign investors in Egypt. According to the new rules, the investor may be granted 5-year continued residence permits, which may be renewed for similar periods during […]
Changes to the import tariff of EVs charging stations’ equipment
Egypt started, as of 18 September 2020, applying its amended Harmonised Customs Tariffs, in a step intended to encourage the adoption of Electric Vehicles, alongside the already incentivised gas vehicles. By virtue of Presidential Decree no. 549/2020, amending Presidential Decree no. 419/2018, published on 17 September 2020, a customs tariff of 2% of the value […]
What [near] future for small-scale solar energy generation project in Egypt? The net-metering case
On 28 April 2020, the Egyptian Electric Utility and Consumer Protection Regulatory Agency (EgyptERA) issued Circular no. 2/2020, published on 19 May 2020 and applicable as of 20 May 2020, restructuring the net-metering scheme in Egypt (accessible here: http://egyptera.org/ar/Download/journal/2020/2_2020.pdf). The new decision cancels any previous circulars applicable to solar energy generation projects operating on a […]