Early Warning System

Regions

Middle East and North Africa

Geographic location where the impacts of the investment may be experienced.

Countries

Egypt

Geographic location where the impacts of the investment may be experienced.

Specific Location

Gebel El Zeit, Ras Ghareb

Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.

Financial Institutions

European Bank for Reconstruction and Development (EBRD)

International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.

Project Status

Approved

Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.

Bank Risk Rating

Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."

Borrower

Scatec ASA

A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.

Sectors

Energy
Technical Cooperation

The service or industry focus of the investment. A project can have several sectors.

Investment Type(s)

Loan

The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.

Investment Amount (USD)

Not Disclosed

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.

Bank Documents

Primary Source

Original disclosure @ EBRD website

Updated in EWS Jun 10, 2025

Disclosed by Bank May 29, 2025

Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

As stated on the project disclosure page, the EBRD is considering providing a loan for the construction, commissioning and operation of a 200 MW wind power project (WPP) in Egypt. The WPP will provide electricity to integrated green ammonia production facility consisting of a 100 MW electrolyser. Electricity will also be provided by a 70MW solar plant.

The ESIA disclosure package focuses on the WPP only.

1. ESIA Report
2. Stakeholder Engagement Plan
3. Non-Technical Summary (NTS)
4. Environmental and Social Action Plan (ESAP)
5. ESHS Manual
6. Cumulative Effects Assessment (CEA) Report
7. Critical Habitat Assessment (CHA) Report
8. Biodiversity Management Plan (BMP)
9. Biodiversity Action Plan (BAP)
10. Climate change risk assessment
11. Flood risk assessment
12. Migration of Soaring Birds at Gebel El Zeit (IBA) in relation to wind energy developments-SCATEC project
13. Gender and HR Risk Assessment
14. Detailed noise assessment (technical annex)
15. Shadow flicker assessment (technical annex)

https://scatec.com/sustainability/esg-resources/

Environmental or social enquiries

Contact Name: Mohammed KhairyEmail:mohammed.khairy@scatec.comWeb:https://scatec.com/sustainability/esg-resources/

General enquiries

Contact Name: Adam MarmoushEmail: adam.marmoush@scatec.comWeb:https://scatec.com/sustainability/esg-resources/

Contact Name: Raquel AraujoEmail:raquel.araujo@scatec.comWeb:https://scatec.com/sustainability/esg-resources/

Investment Description

Here you can find a list of individual development financial institutions that finance the project.

European Bank for Reconstruction and Development (EBRD)

Information on the investment amount not provided at the time of disclosure.

Private Actors Description

A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

As stated by Bloomberg, Scatec ASA operates as an energy company. The Company develops, builds, owns, operates and maintains solar, hydro, and wind power plants that generate clean and reliable electricity. Scatec serves customers worldwide.

Private Actor 1	Private Actor 1 Role	Private Actor 1 Sector	Relation	Private Actor 2	Private Actor 2 Role	Private Actor 2 Sector
-	-	-	-	Scatec ASA	Client	Energy

Contact Information

This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Full ESIA documentation is available locally at:

Ras Ghareb Local Governmental Unit
Ras Ghareb City Council Offices
Al-Mina Street, 11432 Ras Ghareb - Red Sea, Egypt
Phone: +20 1001318480 / +20 1201958777

Project office: Building 44, The Northern 90th street, banks center, New Cairo, Cairo

EBRD Resident Office in Cairo
EGID Building, First Floor, Block 72, off Ninety Axis, 5th Settlement, New Cairo, Cairo, Egypt

Client - Scatec ASA:

Website: https://scatec.com/sustainability/esg-resources/

Environmental or social enquiries -

Mohammed Khairy
Email: mohammed.khairy@scatec.com

General enquries -

Adam Marmoush
Email: adam.marmoush@scatec.com

Raquel Araujo
Email: raquel.araujo@scatec.com

ACCESS TO INFORMATION

You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request

ACCOUNTABILITY MECHANISM OF EBRD

The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.

You can contact the PCM at: pcm@ebrd.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en

You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html