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Press release

ICONIC advises on 1.1 GWp solar-plus-storage project

London, 13 November 2026 — ICONIC acted as adviser to an Egyptian aluminium producer, in its capacity as offtaker, on a project for the construction and operation of a 1.1 GWp solar photovoltaic plant with a co-located 50 MW / 200 MWh battery energy storage system (BESS) in Qena, Egypt. The project is expected to rely on a long-term corporate power purchase agreement (PPA) with the offtaker.

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