Mozambique: Globeleq to develop Temane gas plant


Issue 372 - 29 Jun 2018 | 1 minute read

A consortium of Globeleq and eleQtra has joined Sasol as developer of a 400MW gas-fired power project at Temane in Inhambane province, signing a joint development agreement with Electricidade de Moçambique (EDM). To date, Temane has been developed by EDM and Sasol New Energy Holdings, with EDM holding 51% and Sasol 49% in a special purpose vehicle (SPV) company. EDM held a competitive bid process for bidders to take up a percentage of the SPV and selected the Globeleq-led Temane Energy Consortium (TEC) in December 2017 to take a 60% stake in EDM’s shareholding, with EDM retaining the remaining 40%.

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