Mazghouny & Co advises Scatec on USD 217 million Dandara financing, advancing Egypt’s electricity market liberalisation
Mazghouny & Co has advised Scatec ASA as Egyptian legal counsel to the sponsor on the structuring and USD 217 million non-recourse project financing of the first phase of the Dandara solar power and battery energy storage system (BESS) project in Egypt, as well as Scatec’s equity partnership with the National Bank of Egypt (NBE). […]
Mazghouny & Co advises Scatec on 1.1 GW Obelisk solar and battery storage project in Egypt
Mazghouny & Co is pleased to have supported Scatec on the development and financing of the Obelisk project in Egypt, which has now reached full commercial operations. With 1.1 GW of solar capacity and a 100 MW/200 MWh battery energy storage system, Obelisk is Africa’s largest hybrid solar and battery installation. The project will supply […]
Mazghouny & Co advises engazaat on partnership with CI Capital to launch first-of-its-kind WEF green infrastructure fund
Mazghouny & Co is pleased to have advised engazaat | the Solar Water Company on its partnership agreement with CI Capital PE for Fund Management and Investment (CIPE), a subsidiary of CI Capital Holding, Egypt’s leading diversified financial services group, for the launch of the region’s first green infrastructure fund addressing the Water–Energy–Food (WEF) nexus. […]
Mazghouny & Co advises Empower New Energy on L’Oréal Egypt’s new solar power plant
Mazghouny & Co is pleased to have acted as local legal counsel to Empower New Energy on the successful commissioning of a 1.1 MWp on-site solar PV plant for L’Oréal Egypt at its manufacturing facility in 10th of Ramadan city. The project was delivered under Egypt’s net-metering regime through a Power Sales Agreement. The facility […]
Mazghouny & Co assists Scatec with signing a 900MW wind power purchase agreement and reaching financial close on Obelisk solar with battery project with top-tier DFIs
Mazghouny & Co is proud to have advised Scatec on two milestone transactions advancing Egypt’s renewable energy transition, announced on 15 June 2025, during the high-level conference, “Development Financing to Foster Private Sector-Led Growth & Jobs”, held under the auspices and in the presence of HE the Prime Minister of Egypt, and hosted by Egypt’s […]
Mazghouny & Co advises IRSC on 30-year solar PPA with Arabian Cement Company
Mazghouny & Co is pleased to have acted as legal counsel to IRSC for Renewable Energy Solutions, advising on the drafting and review of a 30-year Power Purchase Agreement (PPA) with Arabian Cement Company (ACC), one of Egypt’s top cement producers and industrial leaders. This agreement reinforces IRSC’s position as a key player in medium-sized […]
Mazghouny & Co assists Scatec in landmark solar with battery storage PPA signing with EgyptAlum
Mazghouny & Co, has successfully advised Scatec, a global green energy company, on a 25-year corporate Power Purchase Agreement (PPA) with EgyptAlum. This groundbreaking renewable energy project in Egypt involves a 1 GW solar PV plant with a 100 MW/200MWh Battery Energy Storage System (BESS), backed by a sovereign guarantee from the Egyptian government. The […]
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 Scatec with its cooperation agreement signed with EgyptAlum for the development of the largest C&I solar project in Egypt
Mazghouny & Co has advised the Norwegian integrated renewable energy and green fuel developer Scatec on its cooperation agreement with Misr Aluminium Company (EgyptAlum), signed on 20 February 2024, for the development of a 1GW solar PV power project to feed the aluminium facility in Nagaa Hammadi in the South of Egypt. The project will […]
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 […]