GD France | Egypt Oil & Gas

Toyota Alliance to Complete Wind Farm Financial Closure

Toyota, Orascom, and GD France alliance is waiting the New and Renewable Energy Authority (NREA) to complete the land allocation agreement for the Gulf of Suez wind farm.

Wind Farm Halted Due to Arbitration Clause

Egypt called on Toyota, Orascom, and GD France alliance to accept that arbitration in case of dispute to be held in Cairo, in order to complete the contracting on the Suez Gulf wind farm.

Egypt to Issue Financial Guarantee for Wind Farm

The Egyptian Ministry of Finance approved issuing a financial guarantee for a new 250MW wind farm in the Gulf of Suez to be granted to a venture between Toyota, Orascom and GD France.

Egypt to Build Wind Farm in Suez

The New and Renewable Energy Authority (NREA) will partner with Orascom Construction, Franc's GD France, and Japan's Toyota to establish a wind farm with a capacity of 250MW of electricity in the Gulf of Suez.

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