Egypt, March 30 -- ENGIE has announced the signing of a Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for the development of a 900 MW onshore wind farm near Ras Shokeir, in the Gulf of Suez, Egypt. The project will be developed under a 25-year Build-Own-Operate (BOO) scheme, with project revenues secured by the signing of the PPA.The wind farm will be developed by a consortium comprising ENGIE (35%), Orascom Construction (25%) - which will also execute all civil and electrical balance-of-plant works and supply selected local components - and Aeolus (40%) - an African renewable energy IPP platform of Toyota Tsusho Corporation.Following the signing of the PPA, financial close is expected by early Q3 ...