Parched Egypt Seeks Partners for $2.5 Billion Desalination Plan
- Renewables-powered plants aim to address water scarcity
- Wealth fund wants to team up with local, foreign investors
Solar panels at the Infinity 50 Solar Park near Aswan, southern Egypt.
Photographer: Oliver Weiken/picture alliance via Getty ImagesThis article is for subscribers only.
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Egypt is seeking partners to invest in a $2.5 billion initiative to build more than a dozen renewable energy-powered desalination plants by 2025, as the country tries to tackle looming water scarcity.