AFRICA ENERGY INTEL
DEAL / DEAL-20260706-003
$30mDisclosed value
financial closeStage
BConfidence

West Minya Solar and BESS

Date2026-07-10
MarketEgypt
RegionNorthern Africa
Power poolCOMELEC;EAPP
TechnologyHybrid
Capacity1000 MW
Typecorporate debt

Financing

reported terms only
Total value$30m
Debt$30m
Equity—
Tariff—
Tenor—
SponsorsHassan Allam Utilities
LendersEmerging Africa & Asia Infrastructure Fund (EAAIF);PIDG

Counterparties

canonical entity graph
lenderAsia Infrastructure Fund
lenderPIDG
sponsorHassan Allam Utilities
lenderEmerging Africa

Evidence and related records

ConfidenceB
Original sourceOpen evidence ↗
Related projectNo exact project match
← All deals · USD 30M senior secured corporate loan to Hassan Allam Utilities for West Minya 1000 MW solar + 660 MWh BESS. EAAIF managed by Ninety One (PIDG company). Prior EAAIF commitment: USD 40M PDF (Nov 2024) for 2.3 GW Egypt pipeline. Project co-developers include Infinity Power (Masdar+Infinity JV) and Meridiam. EPC: SWREL/Hassan Allam JV (USD 560M). Corroborated by EVT-20260707-007 and EVT-20260709-012.; [auto 2026-07-10] updated announce_date;source_url per https://solarquarter.com/2026/07/10/eaaif-provides-usd-30-million-loan-to-hassan-allam-utilities-for-1-gw-solar-and-660-mwh-bess-project-in-egypt/