Globeleq group reaches financial close for Cuamba solar PV

Issue 453 - 24 Dec 2021 - By Jon Marks

The $36m, 19MWp (15MWac) Cuamba solar PV project, which includes a 2MW (7MWh) battery energy storage system (Bess), has reached financial close according to developer Globeleq, which is in partnership with Lusophone Africa private equity investor Source Energia and state utility Electricidade de Moçambique (EDM) (AE 452/11, 441/11).

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