The project is being financed by multilateral funding from Germany's kfW Development Bank, the European Investment Bank (EIB) and the European Union via the Neighbourhood Investment Facility (NIF). NREA was advised by Danish consulting firm Carl Bro (Grontmij).
Under the terms of the agreement, Gamesa will supply a total of 100 of its G80-2.0 MW turbines. It will also perform turbine assembly, erection and start-up services and provide operation and maintenance services for a period of five years.
Gamesa will begin manufacturing the turbines destined for this contract in 2012, with delivery scheduled over the course of 2013.
Gamesa has operated in Egypt since 2003, when it signed its first contract to supply wind turbines to Zafarana wind farm.
The company is the leader market, having installed 406 MW of turbine capacity in Egypt. Currently handles maintenance services at four wind farms there.
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