Umbrella Agreement between Egypt and European Partners on the establishment of wind farm in the Gulf Oil with a capacity of 200 MW issued by Presidential Resolution No. 113 of 2009.

This Agreement is composed of 9 articles. Article 1 gives terms and definitions. Article 2 defines objectives of the Agreement in particular to: expand and increase the production of electricity from renewable energy sources; protect the environment; and, avoid the generation of carbon dioxide emissions. Articles 3 to 9 deal with the following matters: financial procedures and financing package; implementation arrangements; privileges; entry into force of the Agreement; and, workflow and follow-up.

Egypt · 2008-12-15