Mozambique Energy: Delayed entry of Cahora Bassa hydroelectric in local Stock Exchange

Mozambique Energy: Delayed entry of Cahora Bassa hydroelectric in local Stock Exchange

The Public Offering (IPO) of shares corresponding to 7.5 percent of the share capital of the Cahora Bassa Hydroelectric Dam (HCB) in Mozambique Stock Exchange (BVM) is delayed. “We must avoid giving information that eventually will give advantage to certain people” tried to clarify clarified the HCB CEO, Pedro Couto.

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Mozambique Energy: HCB marks historic Cahora Bassa transfer, cuts capex

Hidroelectrica Cahora Bassa (HCB), the Mozambique concession company which operates the Cahora Bassa dam and the 2 075 MW hydropower plant, is poised to move into a period of sustained investment, having settled all debt associated with the 2007 transfer of ownership of the scheme from Portugal to Mozambique.

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Mozambique Oil & Gas: “Energy Minister’s Sacking Will Not Affect Gas Project Decision” – Eni CEO says

The sacking of Mozambique’s energy minister will not affect Italian oil firm Eni’s final investment decision on an offshore gas project there, Eni Chief Executive Claudio Descalzi said on Friday as reported by Reuters.

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