Egypt: Benban Solar-06
Case Tracker
Project Information
From IFC, $225 million.
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 September 2022, CAO received a complaint submitted by a former employee of the Health and Safety Home (H&SH, subcontractor for Benban Solar Park), citing labor issues, specifically, unjustified dismissal and non-renewal of their contract.
In October 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 accordance with the CAO Policy, the case was transferred to CAO’s Dispute Resolution function.
CAO’s dispute resolution process is ongoing.
Status as of May 29, 2024.