Toyota Tsusho Corporation ("Toyota Tsusho") announced today that through AEOLUS SAS ("AEOLUS"), a joint venture between its group company Eurus Energy Holdings Corporation ("Eurus Energy") and France-based CFAO SAS, it will participate in an independent power producer (IPP) project to construct, own, and operate a wind power plant with a power generation capacity of 900 MW and sell electricity in the Arab Republic of Egypt ("Egypt").
This project is the Toyota Tsusho Group's third wind power project in Egypt, following Gulf of Suez Wind Farm I and Gulf of Suez Wind Farm II, and with a capacity of 900 MW, it will be the largest among the three projects.

The Toyota Tsusho Group has positioned Africa as one of the focus region of its Growth Strategy and is expanding its businesses in areas including mobility, healthcare, and renewable energy. In the renewable energy sector, the Group is developing wind and solar power generation projects to meet growing electricity demand driven by economic growth while contributing to decarbonization.
The Toyota Tsusho Group's electricity business in Egypt has been contributing to the expansion of renewable energy in the country by participating in power plant and substation construction projects since the 1990s. In 2017, the Group invested in Gulf of Suez Wind Farm I, the country's first wind power IPP project (262.5 MW; commercial operation commenced in October 2019). In addition, the Group began construction of Gulf of Suez Wind Farm II (654 MW; commercial operation commenced in June 2025) in 2023, contributing to the expansion of renewable energy in the country.
Now, as the third project following these, the Group will participate in Gulf of Suez Wind Farm III, which will be one of the largest in the country with a capacity of 900 MW.

This project will be carried out by Shokeir Wind Energy S.A.E. ("Shokeir Wind Energy"), a local operating company funded by AEOLUS, France-based independent power producer ENGIE S.A. ("ENGIE"), and Orascom Construction PLC ("Orascom Construction"), an engineering and construction group listed on the Egyptian Exchange and Nasdaq Dubai.
The power plant will be located in the Gulf of El Zayt area, along the Gulf of Suez. Shokeir Wind Energy will construct, own, and operate Gulf of Suez Wind Farm III, with a capacity of 900 MW (86 wind turbines with a capacity of 10.5 MW each).
After trial operation begins for 300 MW in January 2028, capacity will be expanded in phases, with full commercial operation scheduled to begin in September 2028. The electricity generated will be equivalent to the annual electricity consumption of approximately 2.2 million Egyptian households, reducing CO2 emissions by approximately 1.5 million tons per year, and will be sold to the Egyptian Electricity Transmission Company under a 25-year power purchase agreement.

With this project, the Toyota Tsusho Group's three wind farms in Egypt will have a combined power generation capacity of 1,812.5 MW (approximately 1.8 GW).
The Toyota Tsusho Group aims to achieve 3 GW of renewable energy generation capacity in Africa by 2030. The Group considers this project a key part of its efforts to achieve this target and will continue to contribute to regional economic development and decarbonization through the stable supply of clean electricity.
With the mission "passing on a better Earth to the children of the future" and under the key message "for the future children of Africa," the Toyota Tsusho Group will promote the spread of clean renewable energy in Africa and work toward the realization of a sustainable society.

Our Efforts So Far
- December 4, 2017: Toyota Tsusho to Win the First Wind Power IPP Project in Egypt - Contributing to the country improve energy mix and resolving power shortages -
(https://www.toyota-tsusho.com/english/press/detail/171204_004069.html)
- December 6, 2019: Toyota Tsusho and Eurus Energy Hold Ceremony to Mark Completion of Egypt's First Wind Power IPP Project - Contributing to the spread of renewable energy in the country with green and low-priced electricity -
(https://www.toyota-tsusho.com/english/press/detail/191206_004522.html)
- March 6, 2023: Toyota Tsusho to Participate in Second Wind Power IPP Project in Egypt - Contributing to the further expansion of renewable energy in the country -
(https://www.toyota-tsusho.com/english/press/detail/230306_006195.html)
- November 19, 2024: Toyota Tsusho to Expand Wind Power Plant under Construction in Egypt by 150 MW - To Build Africa's Largest 654 MW Wind Power Facility -
(https://www.toyota-tsusho.com/english/press/detail/241119_006487.html)
- July 2, 2025: Toyota Tsusho to Commence Commercial Operations at Africa's Largest 654 MW Wind Farm in Egypt
(https://www.toyota-tsusho.com/english/press/detail/250702_006634.html)