Globeleq-led consortium partners with EDM to progress Moz gas-fired power project

Lead partner in the Temane Energy Consortium (TEC), Globeleq, has signed a joint development agreement with Electricidade de Moçambique (EDM) to progress the 400 MW Temane gas-fired power project, located in Mozambique’s Inhambane province. The agreement, which was signed at the African Energy Forum, taking place in Mauritius, this week, outlines that TEC will take 60% of EDM’s shareholding of the special purpose vehicle (SPV) company that holds the Temane project.