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Azura Power Ltd

Company Summary

Description

Azura Power is a developer, financier, acquirer and operator of Independent Power Plants (IPPs) across Africa. 

Website

https://www.azurapower.com/

Operational Regions

  • Africa

Recent news

  • 12/22/2020 - Sasol Divesting... (subscriber access)

Company Transactions

Date: 12/22/2020
Type: Acquisition

BUYERS:
  • Azura Power Ltd
    • SELLERS:
  • Sasol Ltd
    • ASSETS:
  • Central Termica de Ressano Garcia Gas Poewr Plant
    • DETAILS:

    COST: 145 $MM

    NOTES:
    Sasol has entered into a deal to sell their stake in a 175-MW Mozambique gas-fired power plant to Azura Power for $145 million. The agreement included a 49% stake in the asset and is part of a broader $3.5 billion asset sale program.
    REGIONS:
  • Africa