Egypt: Benban Solar-04
Case Tracker
Complaint Overview
Community member
Labor issues
Project Information
$225 million Equity
Synopsis
The Benban Solar Park is a 36-square-kilometer area composed of 32 operational energy-generating power plants operated by different companies near the village of Benban in Egypt. IFC provided a debt package of $225 million, which supports the construction of 13 of the 41 solar power plants that form the Benban Solar Park. MIGA has 12 active guarantees for projects in the Benban Solar Park.
In June 2022, CAO received a complaint from a community member of a village in Benban, Egypt, citing concerns related to unfulfilled commitments regarding a development plan for the village, which had neither been distributed to nor consulted with the community.
In July 2022, CAO found the complaint eligible and conducted an assessment. During CAO’s assessment, the complainant and the Benban Solar Park representatives agreed to engage in a voluntary CAO dispute resolution process to address the issues raised in the complaint.
In April 2024, the parties reached and signed a full settlement agreement as a result of the voluntary dispute resolution process. In accordance with the CAO Policy, the case has moved to dispute resolution monitoring.
The parties agreed that CAO will monitor the implementation of the settlement agreement until October 24, 2024.
The dispute resolution process is in monitoring.
Status as of May 28, 2024