Sasol to exit Mozambique gas plant
The sale forms part of group’s divestment drive to shore up its balance sheet
21 December 2020 - 08:18
Sasol has signed an agreement to sell its full shareholding in a Mozambique gas-to-power plant for $145m (R2.1bn), the chemicals and synthetic fuels group announced on Monday.
A sale securities purchase agreement has been signed with Azura Power for the divestment of Sasol’s full shareholding in Central Termica de Ressano Garcia (CTRG), a 175MW capacity gas-to-power plant in Mozambique...
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