Sasol to sell stake in Mozambique power plant to Azura Power

South Africa’s Sasol said on Monday it had agreed to sell its stake in a Mozambique power plant to Nigeria’s Azura Power for $145 million.

Reuters reported in June that the struggling petrochemicals producer was looking to get rid of its 49% stake in Central Termica de Ressano Garcia, Mozambique’s first permanent large-scale gas power plant, in a divestment drive.


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