24/12/2008 Africa Energy Intelligence N°478

MOZAMBIQUE

HCB Buy-Out Completed

Having already borrowed nearly USD 700 million last year to finance the acquisition of a 67% holding in Hidroelectrica Cahora Bassa (HCB), a company that operates a dam of the same name, Mozambique was granted an additional EUR 17 million loan from the Agence Francaise de Developpement on December 18. (...)   [147 words]   [€1,5]
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