- 900 MW project to become ENGIE’s largest onshore wind farm globally.
- 25 year PPA secures long term revenue visibility.
- Construction set for 2026 with full commissioning by 2028.
ENGIE has signed a power purchase agreement with Egyptian Electricity Transmission Company for the development of a 900 MW onshore wind farm near Ras Shokeir.
The project will be delivered under a 25 year Build Own Operate model, providing long term revenue certainty through the PPA. Financial close is expected by early Q3 2026, with construction scheduled to begin the same year and first turbine deliveries anticipated by the end of 2026.
The wind farm will be developed by a consortium comprising ENGIE with a 35% stake, Orascom Construction holding 25%, and Aeolus with 40%. Orascom Construction will lead civil and electrical balance of plant works while also supplying selected local components.
Due to the scale of the project, commissioning will take place in phases. The first 300 MW is expected to come online in December 2027, with full commercial operation of the 900 MW facility targeted for mid 2028.
Once operational, the project will become ENGIE’s largest onshore wind farm globally, surpassing the Assurua wind complex. It will also represent the Group’s third wind development in Egypt, bringing its total installed wind capacity in the country to nearly 2 GW.
The development builds on the consortium’s established track record in Egypt, including the 650 MW Red Sea Wind Energy and the 262.5 MW Ras Ghareb wind farm. Together, these projects deliver a combined capacity of 912.5 MW and were completed ahead of schedule and below budget, reinforcing investor confidence in large scale renewable deployments across the country.
Author: Bryan Groenendaal
