Sidi Krir agreements

The InterGen Sidi Krir Generating Company and the Egyptian Electricity Authority (EEA) have finalized several agreements for the $450m Sidi Krir power project.

The 650 MW natural gas fired combined cycle facility is Egypt`s first build own operate transfer (BOOT) project.

Contracts signed are the agreements for power purchase (PPA), land lease, and fuel supply. The sponsors will now focus on finalizing financing.