CMCF has recently invested in “SP Energy Egypt” a 50MW/ 65MWp Solar PV Project in Benban, Egypt.
The SP Energy Egypt signed a 25-year-long Renewable Energy Power Purchase Agreement (PPA), with the Egyptian Electricity Transmission Company (EETC) in May of 2017.
The 50MW Project with the Commercial Operations Date (COD) in April 2019, is on 1,000,000 m2 of land located within the Benban Solar Park.
Catalyst is a 100% Shareholder of SP Energy Egypt.
The SP Energy Egypt is one of the most attractive solar PV concessions in Egypt and has the following attributes.
65MW peak power, single-axis tracking system, Solar PV (crystalline) technology.