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 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 […]
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 […]
Mazghouny & Co assists Scatec with signing a joint development agreement for cooperation with ANRPC to produce biomethanol
Mazghouny & Co has assisted Scatec with signing the joint development agreement concluded with Alexandria National Refining and Petrochemicals Company (ANRPC) for cooperation in the implementation of the first biomethanol production facility in Egypt and the region with a capacity of 40,000 tonnes per year with an investment cost of approximately USD 450 million, to be increased […]
Mazghouny & Co assists Scatec with signing a joint development agreement for cooperation with Echem and Mopco to produce green ammonia
Mazghouny & Co has assisted Scatec with signing the joint development agreement concluded with the Egyptian Petrochemicals Holding Company (Echem) and Misr Fertilizers Production Company (Mopco) for cooperation in the field of implementing green projects that include the production of green ammonia from green hydrogen. The agreement was signed on 23 February, by the chairmen […]
Should you seek a Golden License for your new green energy project in Egypt?
Egypt has recently announced a legal framework to facilitate the licensing process for strategic and national projects, as well as public-private partnerships in the utilities sector. The criteria for qualification are specific and the nature of the projects is closely examined by the “Golden Licenses Unit” created within the General Authority for Investment and Free […]
Mazghouny & Co secures the first Golden License for a green hydrogen project at SCZone
Mazghouny & Co has successfully assisted the sponsors’ consortium in obtaining the unified license, also known as the “Golden License”, for a green hydrogen project with a total capacity of 100MW at the Suez Canal Economic Zone (SCZone) in Egypt. The Golden License is a single approval issued to a company for the establishment, operation […]
Mazghouny & Co advises Scatec on its partnership with SCZONE, The Sovereign Fund of Egypt, and the Ministry of Electricity and Renewable Energy to develop a large-scale green ammonia facility in Egypt
Mazghouny & Co is very pleased to have advised Scatec ASA on the drafting and negotiation of its memorandum of understanding (MOU) signed today with the General Authority for Suez Canal Economic Zone (SCZONE), The Sovereign Fund of Egypt (TSFE), the Egyptian Electricity Transmission Company (EETC), and the New and Renewable Energy Authority (NREA), to […]