Deal #9836

Benban is currently the 4th largest solar power plant in the world,The Benban Solar Park is a part of Egypt’s Nubian Suns Feed-in Tariff program, which is a major initiative to influence private sector capital and expertise, in order to support the goal of generating 20% electricity from renewable resources by 2022. At the end of January 2019, ib vogt commenced construction of a portfolio of three additional solar power plants with a total capacity of 166.5 MWp in Benban, Aswan Governorate, Egypt. The project partners – an international conglomerate consisting of ib vogt, Infinity Solar, Phoenix Energy and BPE Partners – achieved financial close at the end of October