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FINANCIAL NEWS
Scatec Solar Co. to invest USD 650mn into Egypt’s energy projects
10 May 2016
(MENAFN) Scatec Solar Co. plans to invest USD 650mn in renewable energy investments in order to set up five solar energy projects with a capacity of 250 MW.
Furthermore, the firm will launch three solar energy plants in Aswan with a capacity of 150 MW, and will also build a 50 MW plant.
The company agreed with two firms to collaborate in two solar energy plants in Zafarana with a capacity of 100 MW.
In addition, the firm launched plants with a capacity of 700 MW, and it owns power plants with a capacity of 380 MW, in addition to another 460 MW.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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