Sumitomo Corp - Announces Participation In Onshore Wind IPP Project In Egypt
Sumitomo Corp 8053:
ANNOUNCES PARTICIPATION IN ONSHORE WIND IPP PROJECT IN EGYPT
ACQUIRED EQUITY STAKE IN AMUNET WIND POWER CO, SIGNED LOAN AGREEMENT WITH GROUP INCLUDING JBIC FOR PROJECT
PROJECT INVOLVES CONSTRUCTION, OWNERSHIP, OPERATION OF ONSHORE WIND FARM WITH CAPACITY TO GENERATE ABOUT 500MW OF ELECTRICITY