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Ncondezi Energy of Mozambique has signed a master services agreement with Synergy Consulting to provide financial and transaction advisory services for its 300MW solar project in Mozambique
Ncondezi Energy of Mozambique has signed a master services agreement with Synergy Consulting to provide financial and transaction advisory services for its 300MW solar project in Mozambique. The agreement covers potential advisory services to accelerate the project up to financial closure.
Ncondezi is developing the solar photovoltaic (PV) and battery energy storage system (BESS) project in Tete, Mozambique, The agreement will cover both organizations coming together for the finalisation of the power tariff, negotiations with project lenders for debt financing and capital raising for Ncondezi’s equity contribution towards the project. The company is presently implementing a 300MW solar PV project.
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Partnership with Synergy would ensure Ncondezi access to world-class resources to achieve the next set of development goals and further enhance the company’s value proposition.
