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Temane- Gas Fired plant

Sector: Solar • Location: Mozambique

Source: World Bank Group

Project
Active

The project entails the development of the 400 MW Temane gas-fired plant in Mozambique. The total investment stands at $ 652.3 million. The project is being developed by the Temane Energy Consortium (TEC) – comprising Globeleq and eleQtra – which signed a development agreement with state energy utility Electricidade de Moçambique (EDM) in June 2018, having been selected as an equity partner in Dec

Status
Prospective
Sector
Solar, Power Generation (CCGT), Power Transmission, Government, Commercial
Location
Mozambique
Updated
22 Jul 2026
Source
World Bank Group

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Project Information

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The project “Temane- Gas Fired plant” is an infrastructure initiative in the Solar sector, located in Mozambique. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The project entails the development of the 400 MW Temane gas-fired plant in Mozambique. The total investment stands at $ 652.3 million. The project is being developed by the Temane Energy Consortium (TEC) – comprising Globeleq and eleQtra – which signed a development agreement with state energy utility Electricidade de Moçambique (EDM) in June 2018, having been selected as an equity partner in December 2017. The sponsors secured a total of $ 489.35 million of debt financing from 5 DFIs. Debt providers are the US International Development Finance Corporation, IFC, OPEC, FMO and EAIF. Debt to equity ratio is 75:25. Financial close occurred on December 10, 2021. IDA guarantees worth $120m were agreed. https://ijglobal.com/data/transaction/45860/temane-gas-fired-plant-450mw

Original sector

Energy

Budget

Location

Country

Mozambique

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Solar, Power Generation (CCGT), Power Transmission, Government, Commercial

Article published date

2024-09-25

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