Egypt  attracted an investment of EGP20 billion ($391 million) from an Egyptian-Emirati consortium to develop a high-voltage transmission line. The infrastructure will evacuate electricity generated by large-scale wind projects in the Gulf of Suez and deliver it to the national grid. The project aims to help transmit renewable energy across the country, where capacity is growing faster than the transmission network. Intelligent Globe Construction will lead the project, which covers the engineering, construction, and commissioning of Lot 2 of a 500 kV double-circuit overhead transmission line. The transmission line will extend approximately 61.6 km between the Orascom and El Hawamdeya substations.