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 […]
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 […]