Masdar’s Infinity Power just signed a PPA for a 1 GW wind project on Egypt’s Gulf of Suez coast — enough to power 1.2 million homes, part of a push toward 10 GW of renewables capacity by 2032.
https://www.agbi.com/renewable-energy/2026/09/masdar-to-co-develop-1gw-wind-power-project-in-egypt/
What’s notable isn’t just the megawatts. It’s the structure: a UAE developer, an Egyptian partner, and a state offtaker, each bringing something the others don’t have — capital, local permitting relationships, and demand certainty.
We see the same logic play out across our own footprint between the UAE and African markets. A Gulf-based sponsor rarely has the on-the-ground development capability a project needs at greenfield stage, and a local developer rarely has the balance sheet a lender wants to see. A well-structured Development Services Agreement is often what bridges that gap — not just permitting and land control, but a defined path to Ready-to-Build with clear milestones both sides can underwrite.
It’s also a reminder that co-development works best when the roles are explicit from day one: who holds permitting risk, who arranges financing, who manages the EPC interface. Get that wrong and a strong project idea stalls in ambiguity.
We structure DSAs across Portugal, Spain, the UAE and several African markets for exactly this reason.
For developers active in Gulf-Africa corridors: is capital or local execution capability the harder gap to close in your experience?