Central Termica de Temane (MIGA-14661)

  • Mozambique
Geographic location where the impacts of the investment may be experienced.
Specific Location
Northern Inhambane Province, Mozambique
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Multilateral Investment Guarantee Agency (MIGA)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Dec 8, 2021
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Globeleq Africa Limited
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 251.30 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ MIGA website

Updated in EWS Apr 4, 2022

Disclosed by Bank Dec 14, 2021

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to bank provided information, on December 8, 2021, MIGA signed contracts issuing guarantees totaling US$251.3 million to Globeleq Africa Limited, Sasol Africa Proprietary Limited, and Moz Power Invest, S.A. for their equity and quasi-equity investments in the Central Termica de Temane gas-fired power plant project in the Republic of Mozambique. The guarantees are issued for up to 20 years against the risks of transfer restriction and breach of contract.

The project consists of the design, construction, ownership, operation, maintenance, financing and management of the 450 MW (net capacity) Central Termica de Temane greenfield gas-fired power station, insurance of said activities and of assets and income associated thereto, the conversion by the power station of natural gas as supplied by EDM into electricity on behalf of EDM by making available to EDM the dependable power generation capacity and electrical output of the power station in consideration for payment, the interconnection with the national transmission network, use of water resources, and the provision of incidental services and all related activities(the Project or CTT). The Project will be an independent power producer, generating an average of 3,143 GWh annually (under current dispatch assumptions) for sale to Electricidade de Mocambique E.P. (EDM) under a 25-year Tolling Agreement. The electricity produced by the Project will be injected into the national grid and sold by EDM to Mozambican end-consumers and to neighboring countries under bilateral contracts or through the Southern African Power Pool. The termination payment obligations of EDM will be guaranteed by the Government of Mozambique represented by the Ministry of Mineral Resources and Energy (MIREME). Construction is expected to begin in January 2022 and operations around November 2024.

The project is located in northern Inhambane Province, Mozambique, approximately 30 km southwest of the town of Inhassoro, 20 km inland from the coast.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Globeleq Africa Holdings Limited Client -
- - - - Sasol Africa Proprietary Limited Client -

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

*Contact information not provided at the time of disclosure*


You can submit a request for information disclosure at: https://www.miga.org/contact/access_to_information 

You can also request general information about MIGA and for information on guarantees by emailing: migainquiry@worldbank.org 


The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org 

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