A track record in Operations & Maintenance & high quality property management

We have secured a number of multi-year O&M contracts for projects on which the Group is also the contractor. Current O&M contracts span several sectors such water treatment, wastewater treatment, water desalination and transportation. We recognized a gap in the Egyptian market for a high-quality facility management company. To fill this growing need, Orascom construction invested in Contrack FM and Orascom Industrial Parks (Orascom-IP).

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Orascom Construction Consortium to Develop 900 MW Build-Own-Operate Wind Farm in Egypt

23 March, 2026

Orascom Construction PLC (ADX and EGX: ORAS) announces that it has signed, in a consortium with Aeolus and ENGIE, a Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for the development of a 900 MW wind farm near Ras Shokeir in the Gulf of Suez, Egypt.

The wind farm will be developed under a 25-year Build-Own-Operate (BOO) model by a consortium comprising Orascom Construction (25%), Aeolus (40%), an African renewable energy IPP platform of Toyota Tsusho Corporation, and ENGIE (35%), a major player in the energy transition.

Orascom Construction will also execute all civil and electrical works for the balance of plant, in addition to supplying certain local components.

Following this milestone, the project will progress towards financial close, which is expected by early Q3 2026.

This project marks the consortium’s third wind farm, building on two operational BOO wind farms with a total capacity of 912.5 MW, both completed ahead of schedule.

The project will also increase Orascom Construction’s wind power capacity to 1.8 GW and further expand the Group’s concessions portfolio, which currently includes renewable energy, water, and logistics across Egypt, the UAE, and Saudi Arabia.