Article length: 817 words
Malawi: Strategic investor sought for Mpatamanga hydro
The Ministry of Natural Resources, Energy and Mining is set to tender for a strategic investor for a 350MW hydropower project to be developed at Mpatamanga Gorge on the Shire River in southern Malawi. A request for proposals is scheduled to be issued by year-end. The selected investor is expected to form a special purpose vehicle (SPV) to build, own and operate the power plant before transferring the asset to the government at the end of the concession period, the government’s transaction adviser, CrossBoundary Energy, told delegates at the Hydro 2019 conference in Porto on 14-16 October.
Credit value: 10