CTRG 175MW gas power plant refinancing

2/1/2018
Project finance, Refinancing

Completed

2/1/2018


Overview:

  • The sponsors of the Central Térmica de Ressano Garcia (CTRG)  175MW gas power plant in Mozambique refinanced the project financing package used to fund the development of the facility. 
  • Sasol and Electricidade de Moçambique (EDM) are the sponsors. 
  • The new finance package comprises loans from the International Finance Corporation, Proparco, and Absa Bank

Ben Naylor - Editor

Jurisdictions:

Mozambique
United Kingdom

Deal types:

Project finance
Refinancing

Practice area:

Project finance

Governing law:

England and Wales

Industry sector:

Oil and gas


Firm:

Party: Sasol (Sponsor, Borrower)

Party: Electricidade de Moçambique (EDM) (Sponsor, Borrower)