Orascom Construction PlcEGX: ORAS

Valmore Holding Unit Signs MoU With Consortium Comprising Abu Qir, Orascom Construction, UEG

· Issued by Orascom Construction Plc

VALMORE HOLDING EGX:ABUK:

  • VALMORE HOLDING - MOU SIGNED BETWEEN A CONSORTIUM COMPRISING OF ABU QIR, ALEXFERT (A SUBSIDIARY OF VALMORE HOLDING), ORASCOM CONSTRUCTION, AND UEG

  • VALMORE HOLDING - MOU TO ESTABLISH A MEDITERRANEAN GREEN HYDROGEN HUB

  • VALMORE HOLDING - UEG, ORASCOM TO LEAD FEASIBILITY STUDIES ON 500 MW RENEWABLE ENERGY GENERATION

  • VALMORE - UNDER MOU, UEG AND ORASCOM CONSTRUCTION WILL LEAD FEASIBILITY STUDIES AROUND 500 MW RENEWABLE ENERGY GENERATION, GREEN HYDROGEN PRODUCTION

  • VALMORE - UNDER MOU, ABU QIR AND ALEXFERT WILL EVALUATE INTEGRATION OF GREEN HYDROGEN INTO AMMONIA PRODUCTION PROCESSES

  • VALMORE HOLDING - ABU QIR AND ALEXFERT WILL FACILITATE ACCESS TO LOCAL RESOURCES AND INFRASTRUCTURE