Investors/ financiers required for $1.7 billion Solar Project in Egypt

RFQ Description

Our company is a french boutique and exclusive mandate to seek funding for an Egyptian private company who won tender for a public project in solar industry for the Red Sea governorate in Egypt. At this stage, we are looking to raise 380 millions usd for the first part of the project (total 1.7 billion USD) . All docs and contracts available in english/arabic. HighlightsTo establish a Solar Energy 120 MW PV FactoryLocation: Ras Ghareb, Redsea, EgyptArea approved for project: 1,000,000 Sq. MetersApproved by General Authority of Investment EgyptApproved by Red Sea Governorate EgyptApproved by National Association of New & Renewable energyTechnical partners have 219 years of experience combinedOur partners consist of world class companies with long track record in providing PV manufacturing solutionsTechnical partners: GSA LLP (Kazakhstan) founded 2009, Pekintas group (Turkey) founded 1959, SCHMID (Germany) founded 1864Our modules design provided by SCHMID are 30% more efficientOur partners consist of world class companies with long track record in providing PV manufacturing solutionsOur contracted production line received 2017 PV magazine awardOur production lines will consume 50% less power which reduces the cost of productionGuaranteed sales to local market in Egypt because Egypt has to provide 20% of the total electricity demand from the renewable resources by 2020Short term goal, start production line to place our brand on the market within 1Year until full production line is produced which means cash flow will start in 1yearOur long term goal is to increase capacity to 500MW of PV modules annually our technical partners can perform this goal ones we stabilize the 120MW production lineTotal investment required Ask Buyer.7 Billion USDSenior debt under negotiation with Commercial International Bank Egypt board of directors their track record can be viewed on their subsidiary CI Capital solar project , egypt, red sea governorate, consortium, funding precious stones, food & beverage