Egypt has just approved its first private-to-private (P2P) green energy contracts, a monumental step forward for the nation’s energy sector. Shehata & Partners is immensely proud to announce our pivotal role within the EBRD’s advisory consortium, working alongside Bird & Bird Law Firm and Kuungana Advisory, in making this a reality.
Our firm provided key legal and regulatory expertise to the European Bank for Reconstruction and Development (EBRD), delivered crucial support to Egyptian Electric Utility and Consumer Protection Regulatory Agency (EgyptERA) in implementing these new rules.
This groundbreaking scheme, which supports projects from KarmSolar, AMEA Power, TAQA PV, and Enara, is set to revolutionize Egypt’s energy landscape. It introduces essential competition, expands consumer choice, and, most importantly, attracts significant private investment into Egypt’s green energy future.
We are proud to be part of this consortium, contributing directly to a greener, more competitive, and sustainable energy future for Egypt.
