Central Termica de Temane power project in Mozambique reaches financial close

Independent power company Globeleq, energy and chemicals multinational Sasol and Mozambique State-owned power utility Electricidade de Moçambique (EDM) have announced financial close of the Central Termica de Temane (CTT) power project. Located at Temane, in the Inhambane province, CTT comprises 450 MW gas-fired power plant, which will supply power to EDM under a 25-year tolling agreement.