ACWA power, Hassam Allam Utilities partner for $1.5 billion wind power project

Saudi private water desalination company ACWA Power has partnered with Egypt’s Hassan Allam Utilities for a land use agreement on a $1.5 billion wind power project in Egypt.

Secured for up to 25 years, the ACWA Power led consortium will help secure financing and find land for a massive new wind farm built across the Gulf of Suez and Gebel al-Zeit, in an ambitious project that aims to be a powerhouse of clean energy in both Egypt and the Middle East.

The wind farm will feature 220 meter tall turbines, powering up to 1,080,000 homes  while eliminating 2.4 million tons of carbon dioxide from the atmosphere every year – playing a crucial role in providing a cleaner and more sustainable future.