Globeleq completes acquisition of 41MW Mozambique solar plant

CBCIE Time：Jan 03, 2024 10:52 Source：pv-tech

African independent power producer Globeleq has finalised its acquisition of a 75% stake in the 41MW Central Solar de Mocuba solar project in Mozambique from Norwegian firm Scatec and Norwegian pension provider KLP.

Globeleq first announced the deal in July 2023, and completed the transaction in December 2023. The company acquired a 52.2% stake in the Mocuba project from Scatec, and the 22.5% stake from KLP, with the remaining 25% stake in the project owned by Electricidade de Moçambique, the country’s national power company.

Key Words:

Africa Europe solar

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