Gigawatt Moçambique secures funding to build gas-fired power plant

Gigawatt Moçambique has secured funding for construction of a natural gas-fired power plant in Mozambique, which is due to start operating in 2015, the project's financial advisor Eaglestone said.

According to Eaglestone, the cash that will be converted to capital was secured from a group of Mozambican investors and from Gigajoule Power, Old Mutual Life Assurance Company and WBHO Construction all from...

http://www.macauhub.com.mo/en/2014/06/25/gigawatt-mocambique-secures-funding-to-build-gas-fired-power-plant/