ReEnergy consortium plans $1bn hyperscale data centre investment in Egypt

A consortium led by ReEnergy Group Partners is exploring plans to establish a hyperscale data centre in Egypt with investments of up to $1bn, according to a statement from the Ministry of Investment and Foreign Trade, cited by Sada Al Balad on March 17.

The project aims to capitalise on the country’s strategic location and direct connectivity to international submarine cables. The announcement followed a meeting between Investment Minister Mohamed Farid and representatives of the consortium, who were asked to submit a comprehensive proposal including feasibility studies, technical designs, and financing structures.

Renergy specialises in waste-to-energy and large-scale renewable infrastructure. The group is developing Egypt's first waste-to-energy plant in Abu Rawash, Giza, which will treat 1,200 tonnes of waste daily, and is leading a massive $15bn, 10-GW clean energy complex in South Sinai focused on green hydrogen.

The company operates as a high-level collaboration between the National Organisation for Military Production (NOMP), Green Tech Egypt, and Bahrain-based OAK Holdings

Hyperscale data centres are large-scale computing facilities designed to handle the vast data-processing needs of global companies such as Amazon, Google, and Microsoft. They support cloud services and large-scale data storage while requiring significant energy capacity.

The project will initially cover 10,000 square metres, with long-term expansion plans reaching up to 500,000 square metres. 

The facility is expected to utilise seawater-cooling systems, aligning with the growing global demand for green data infrastructure. This approach is likely to attract major international technology firms seeking sustainable data storage and cloud computing solutions.

In parallel, discussions also covered progress on a major green energy project in Sinai, which includes hydrogen production, solar power, and energy storage.