Egypt Mulling Blackstone Unit's Offer to Take Over Power Plants

World News: . []

Egypt Mulling Blackstone Unit's Offer to Take Over Power PlantsBoth Blackstone’s Zarou Ltd. and Edra have voiced interest in the state-owned facilities, according to Egypt’s electricity minister, Mohamed Shaker. The plants, which have a total capacity of 14.4 gigawatts, were inaugurated in July as the latest in a series of large-scale infrastructure projects under President Abdel-Fattah El-Sisi.


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