Southern Africa
Investors Sought For Mozambique Hydro Project
Cost of 168MW scheme estimated at US$440 million.
Renewables in Africa (RiA) is looking for equity investors for a 168MW hydropower project in rural Mozambique.The total project cost is estimated at US$440 million, with a debt-to-equity ratio of 70:30. The investment required is US$13 million in equity to advance the scheme to financial close.According to RiA, the scheme
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