Egypt: Benban Solar-07
Case Tracker
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 December 2022, CAO received a complaint from a former security guard from SWAT Security and Guards Company (Subcontractor for Benban Solar Park), citing labor issues, specifically unjustified dismissal, and reprisals.
In September 2022, CAO found the complaint eligible and conducted an assessment. During CAO’s assessment, the complainant and Benban Solar Park representatives agreed to engage in a voluntary CAO-facilitated 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. The Assessment Report is available in English and Arabic.
In November 2024, CAO decided to close the Dispute resolution stage of this case due to lack of participation of one of the parties. The complainant decided that they did not want the case transferred to CAO’s Compliance function. As a result of this decision, the case was closed.
The case is closed after the dispute resolution process.
Status as of December 18, 2024.