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#environmental

Egypt’s Orascom Construction announced on Thursday, 14 October that its consortium with Toyota Tsusho Corporation (Japan) and ENGIE (France) has signed an agreement with the Egyptian Electricity Transmission Company (EETC) to develop, construct, and operate a 500 megawatt wind farm in Ras Ghareb, Egypt for 20 years. In a statement, Orascom Construction will have a 25 percent stake in the project and will execute the construction of the wind farm. This new project triples Orascom Construction’s wind energy capacity to…