# Schneider Electric wins $295M smart grid deal with Egypt's national utility

In July 2020, Egypt's national utility provider signed a deal with Schneider Electric worth about $295 million to convert the country's electric distribution network into a smart grid. The project is part of a three-phase deal valued at around $885 million once fully finalized.

- Type: Contract
- Announced: 2020-07-01
- Where: Egypt, Egypt
- Value: $295.0M
- Status: announced
- Products: smart grid technology, grid control centers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Schneider Electric](https://endata.com/companies/2048.md) (supplier)

## Sources

- [forbesmiddleeast.com](https://forbesmiddleeast.com/leadership/leaders/schneider-electrics-caspar-herzberg-on-digitization-sustainability-and-egypts-$295m-energy-deal), 2020-12-09: "In July 2020, Egypt's national utility provider inked a deal with France's Schneider Electric worth about $295 million to convert the country's electric distribution network into a smart grid, intended to underpin its energy network for decades."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.