Siemens Gamesa will launch two tenders for logistics and electrical works in Lekela’s 250MW West Bakr wind farm on 10 January, an informed source told Daily News Egypt.
Siemens will decide on the winning companies next February.
In addition, the civil works development contract of the project has been awarded to Rowad Modern Engineering.
The project is part of the government’s plan to implement energy projects under the BOO (build, own, operate) system, located 30 km northwest Ras Gharib.
Faisal Issa, CEO of Lekela in Egypt, said the company has agreed with three European banking institutions to finance the project at about $245m, including the International Finance Corporation, the European Bank for Reconstruction and Development, and the Overseas Private Investment Corporation.
He explained that West Bakr wind farm joins Lekela’s portfolio of wind projects across Senegal, Ghana, and South Africa. In total, about 1,243MW is now in operation or construction.
The ownership structure of Lekela is as follows; 60% for Actis company, and 40% for an alliance led by Mainstream Renewable Power company.
