# Egypt signs preliminary financing deal for $650 million solar project in Upper Egypt

https://mins.news/en/item/116265

- Reuters, 2026-10-26 17:40 UTC
- Economy
- Original: https://www.reuters.com/business/energy/egypt-signs-preliminary-financing-agreement-650-million-solar-project-upper-2026-10-26/?link_source=ta_bluesky_link&taid=6adf90873b36fe0001c557cb

> Egypt signed a preliminary financing agreement with Norway’s Scatec and three multilateral development banks for a $650 million solar power project in Qena province in the south, the cabinet said Monday.