Orascom Construction

Company description

Orascom Construction PLC is a global engineering and construction contractor with a footprint covering the Middle East, Africa, and the United States and operations encompassing the infrastructure, industrial, and commercial sectors. The Group owns 50% of BESIX Group, develops and invests in infrastructure opportunities, and holds a building materials and facilities management portfolio.

Company details

City:
Cairo
Address:
Nile City Towers, 2005A Corniche El Nil, Cairo, 11221, Egypt

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • December 04, 2024

    EBRD to support expansion of 650 MW Wind Farm in Egypt

    The European Bank for Reconstruction and Development (EBRD) has supported the expansion of the 650 MW Red Sea Wind Farm by extending a US$21.3 million loan to Red Sea Wind Energy.

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  • July 17, 2024

    Offtake agreement signed for 100 MW Hydrogen Project in Egypt

    Scatec ASA’s Egypt Green Hydrogen project, in partnership with Fertiglobe, Orascom Construction has secured a green ammonia offtake agreement with Hintco.

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  • April 06, 2023

    Financial close for 500 MW wind farm in Egypt

    The Red Sea Wind Energy Consortium has announced the financial close, of the new 500 MW Gulf of Suez Wind Farm near Ras Ghareb, Egypt.  

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  • November 14, 2022

    Consortium starts construction of 500 MW wind project in Egypt

    The consortium of Orascom Construction, Toyota Tsusho, Eurus Energy Holdings, and Engie has started the construction of the 500 MW wind farm located in Ras Gharib on the Gulf of Suez in Egypt.&nb...

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  • February 23, 2022

    Scatec, partners receive government approval for 100 MW green hydrogen plant in Ain Sokhna

    Scatec ASA and its partners have acquired government authorization to investigate the possibility of temporarily procuring electricity from the grid for a green hydrogen plant to be built in Egypt. S...

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  • November 30, 2021

    Plug Power selected to deliver 100 MW electrolyzer for green hydrogen plant in Ain Sokhna

    Scatec and its partners, OCI NV, Fertiglobe, the Sovereign Fund of Egypt, and Orascom Construction have selected Plug Power Inc. as the technology provider of electrolyzer for the 100 MW green hydroge...

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  • October 18, 2021

    Orascom Construction to develop 500 MW Onshore wind farm in Egypt

    Orascom Construction PLC has signed an agreement with the Egyptian Electricity Transmission Company (EETC) to develop, construct and operate a 500 MW wind farm in Ras Ghareb, Egypt.

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  • March 18, 2020

    Uzbekistan receives 45 interests in 1,300 MW CCGT gas-fired power plant project in Syrdarya

    The Government of Uzbekistan in partnership with the International Finance Corporation has received the expression of interest from 45 companies for the development of a gas-fired power plant in...

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  • November 05, 2019

    ENGIE Africa consortium commissions 262.5 MW Ras Ghareb wind farm in the Gulf of Suez

    ENGIE Africa has commissioned the 262.5 MW Ras Ghareb wind farm in Egypt. The wind farm is now fully connected to the grid and is ready for commercial operation at maximum capacity. The project compa...

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  • July 20, 2018

    Consortium agrees to develop largest renewable project in Egypt

    ENGIE, Toyota Tsusho Corporation/Eurus Energy Holdings Corporation and Orascom Construction have jointly signed an agreement to commence development work on a new 500 MW wind farm in Ras Gha...

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