Malawi partners with Scatec, EDF and IFC for Mpatamanga Hydropower Project

Malawi. Hydropower. Bigstock

The 350 MW of new capacity will be integrated into the country’s grid via the development of a 350 MW facility along Shire River, a 309 MW peaking plant and a 41 MW downstream facility along Shire River.

EDF will own a 27.5% stake of the project while Scatec will own 14% and the British International Investment and Norfund – Scatec’s venture partners – a 13.5% share of the project. Meanwhile, the government of Malawi will own a 30% and the IFC a 15% share.

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Onur Yilmaz

Onur Yilmaz

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