The Egyptian New & Renewable Energy Authority (NREA) yesterday disclosed, subject to final NREA board approval, certain requirements for those Developer Consortia pre-qualified under the Egyptian FIT Programme.

The clarifications are in relation to:

  • maximum MWs per consortia member;
  • shareholding requirements for consortia participants and Lead Developer;
  • minimum capital requirements for SPV; and
  • ability to assign to an affiliate and create overseas holdco structure.