Mozambique: Shareholder agreement for hydro project
Issue 371
- 15 Jun 2018
| 1 minute read
InfraCo Africa, part of the Private Infrastructure Development Group, has signed a shareholder agreement with local developer Tora Holding for the 160MW Pavua multi-purpose hydropower project on the Pungué River. The agreement confirms InfraCo as the lead developer, although eleQtra is acting on InfraCo’s behalf, and as majority shareholder for the project. Pavua is located in central Mozambique along the Beira corridor.
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