Egypt, UAE ink deal on $10 billion wind energy project

The energy project, which will be established by a consortium led by UAE renewable energy firm Masdar, will produce 10 gigawatts of electricity.

DUBAI - Egypt signed a deal with United Arab Emirates on Tuesday for a $10 billion wind energy project to produce 10 gigawatts of electricity, Egyptian state TV reported.

The project will be established by a consortium led by UAE renewable energy firm Masdar and including Infinity Power and Egypt's Hassan Allam Utilities.