This milestone follows the recent commissioning in November of 2024 of AMEA Power’s 500MW Solar PV Plant in Aswan, bringing the company’s total commissioned capacity in Egypt to 1 gigawatt (GW) within just six months.
The Amunet Wind Power Plant is a joint venture between AMEA Power (60%) and Sumitomo Corporation (40%). It is expected to generate approximately 2,500 GWh of clean electricity annually—enough to power more than 500,000 homes—while offsetting 1.4 million tons of CO₂ emissions each year.
The construction phase delivered substantial local economic benefits, employing over 800 workers at peak. The company also conducted health and safety training sessions for youth in the surrounding area, supporting long-term capacity building and socio-economic development.
The project was completed 2.5 months ahead of schedule, underlining AMEA Power’s ability to execute complex renewable energy projects with speed and precision.
The wind farm was financed by a consortium of leading international financial institutions, including the Japan Bank for International Cooperation (JBIC), International Finance Corporation (IFC), Sumitomo Mitsui Banking Corporation, Sumitomo Mitsui Trust Bank, and Standard Chartered Bank. The commercial tranche of the financing was backed by insurance from Nippon Export and Investment Insurance (NEXI), with additional working capital support from the Commercial International Bank of Egypt.
Hussain Al Nowais, Chairman of AMEA Power, said, “The commissioning of the 500MW Wind Power Plant in the Red Sea Governorate, marks a significant milestone for AMEA Power, and for Egypt. Bringing 1GW of clean energy online in such a short period is a tremendous achievement and a reflection of our deep commitment to delivering impactful renewable energy solutions. This is the future of power generation in Africa – clean, inclusive, and tranformational”
