Mozambique: Sasol sells CTRG stake to Azura


Issue 430 - 14 Jan 2021 | 1 minute read

Sasol announced on 21 December that it had signed a sale securities purchase agreement with Azura Power Limited for its 49% shareholding in the 175MW Central Termica de Ressano Garcia (CTRG) plant. Azura will pay approximately $145m, and the transaction is subject to regulatory approval and the waiver of pre-emption rights held by utility Electricidade de Moçambique, Sasol said.

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