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%.
Don't have an account?
Register for access to our free content
An account also allows you to view selected free articles, set up news alerts,
search our African Energy Live Data power projects database and view project locations on our interactive map
Register