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Is this deal sustainable?
Siemens AG has won a contract with its consortium partner El-Sewedy for the construction of a 4,400 MW combined cycle power plant project (CCPP) located at Beni Suef, Egypt. Total project cost is approx. EUR 2.0 bn. including the Siemens’ scope of approx. EUR 1.2 bn. The loan finances 85%...
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