2023–2026: the 1,500MW Zambezi hydro project (60km downstream of Cahora Bassa), consortium of EDF, TotalEnergies and Sumitomo (70%) with EDM and HCB holding 30%; transmission line adds c.US$1.4bn. World Bank and AfDB-backed credit enhancement structure targeting financial close 2027, commercial operation 2031–32. Mozambique’s flagship power-sector transaction and the region’s largest energy infrastructure project.
Value: US$4.5–5bn, consortium development agreement (verified against public announcements).
Advisers: Baker McKenzie and HRA Advogados (advisory consortium with Synergy Consulting and Worley); advisers: not disclosed for the sponsor consortium.
Recorded by The Meridian research desk from public announcements, regulatory filings and financial press coverage. Dates and values are as publicly reported.
