In June 2019, Elsewedy Electric acquired three operational wind farms and two operational hydroelectric energy assets in Greece from public utility off-taker “dapeep” (diacheiristis ananeosimon pigon energias kia eggyiseon proelefsis S.A.)
This acquisition ensures Elsewedy Electric a 100% renewable energy portfolio of four operating SPV’s in Greece with a combined capacity of 64MW.
Elsewedy Electric have joined forces with EDF (Electricité de France) to develop, finance, build and operate two solar PV power plants in Benban and Kom Ombo, Aswan Province. With a colossal 130 (2x65) MWp, the estimated annual 290 GWh of electricity will power over 140,000 households while saving over 120,000 tons of CO2. Benban is a flagship project for the Egyptian government’s Renewable Energies Feed-in-Tariff program.