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Bloomberg
Sasol has agreed to sell its stake in a 175-megawatt gas-fired power plant in Mozambique to Azura Power for about $145 million as part of an accelerated disposal program to pay down debt.
The sale of its 49% shareholding in the Central Termica de Ressano Garcia plant is subject to conditions including a pre-emption right by state-owned Electricidade de Mocambique, that holds the majority stake, as well as closing adjustments, the company said. It has yet to announce a winning bidder for its stake in half of the 865-kilometre Rompco natural-gas pipeline.