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Deal #8767 Version #91920

Egypt, Arab Rep.
Created at
2021-06-08
Last update
2024-02-23
Last full update
2024-10-03

Operating Company

Operating company
Actors involved in the negotiation / admission process
  • NREA Government / state institutions (government, ministries, departments, agencies etc.)
  • Egyptian Ministry of Electricity and renewable Energy Government / state institutions (government, ministries, departments, agencies etc.)
  • Arab Republic of Egypt Government / state institutions (government, ministries, departments, agencies etc.)
Name of investment project
Lekela BOO
Comment on investment chain
Lekela signed a Power Purchase Agreement with the Egyptian Electricity Transmission Company and the New and Renewable Energy Authority in February 2019, and reached financial close in August 2019.The project involves an A loan of around US$ 25 million from IFC, with additional mobilization provided under IFC’s Managed Co-Lending Portfolio Program of approximately US$ 57 million.The project is owned by Lekela Power BV, and IFC is considering providing financial support
Network of parent companies and tertiary investors/lenders
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Legend
  • Is operating company of
  • Is parent company of
  • Is tertiary investor/lender of