Iberdrola inaugurates 496-MW Saint-Brieuc wind farm offshore France
Sep 19, 2024 16:25 CESTIndian soda ash and sodium bicarbonate producer Tata Chemicals Ltd (BOM:500770) said Monday it has agreed to sell the 95% stake it holds in certain biofuel assets in Mozambique for USD 5.5 million (EUR 4.9m).
The Mumbai-based company’s unit Bio Energy Venture - 1 (Mauritius) Pvt Ltd has inked a definitive agreement with the buyer -- Rademan Janse van Rensburg. Under the terms of the contract, the latter will pay the purchase consideration on a deferred payment basis through end-2020, according to the statement.
The target, called Grown Energy Zambeze Holdings Pvt Ltd Mauritius, holds the 95% interest in the owner of the Mozambican biofuel plants Grown Energy Zambeze Limitada. The remaining 5% in GEZ Ltda are in the possession of founding member Rensburg.
The deal is subject to a number of customary conditions, the vendor noted.
(USD 1.0 = EUR 0.894)
Iberdrola inaugurates 496-MW Saint-Brieuc wind farm offshore France
Sep 19, 2024 16:25 CESTNacap to build hydrogen pipeline for AGA’s Aussie green ammonia project
Sep 19, 2024 16:03 CESTKKR fund increases tender offer price for Greenvolt
Sep 19, 2024 15:32 CESTStatkraft connects 44.5-MW solar farm to grid in Spain
Sep 19, 2024 15:28 CESTBlueFloat, China’s Dajin to partner on floating wind supply chain
Sep 19, 2024 15:04 CESTDeutsche Windtechnik wins turbines maintenance contract in Sweden
Sep 19, 2024 14:55 CEST