Preferred Bidder announced for Mphanda Nkuwa Hydropower Project

Synergy Consulting, Inc. advised MIREME and GMNK on the selection of the Preferred Bidder for the Mphanda Nkuwa Hydropower Project.

Preferred Bidder announced for Mphanda Nkuwa Hydropower Project.

Synergy Consulting, Inc. is honored to be the Lead Transaction Advisor to 𝗠𝗶𝗻𝗶𝘀𝘁𝗿𝘆 𝗼𝗳 𝗠𝗶𝗻𝗲𝗿𝗮𝗹 𝗥𝗲𝘀𝗼𝘂𝗿𝗰𝗲𝘀 𝗮𝗻𝗱 𝗘𝗻𝗲𝗿𝗴𝘆 (𝗠𝗜𝗥𝗘𝗠𝗘) and Gabinete De Implementação Do Projecto Hidroeléctrico De Mphanda Nkuwa (GMNK) for the selection of Preferred Bidder for the 1,500 MW Mphanda Nkuwa Hydropower Project (“Project”) in Mozambique.

MIREME and GMNK have announced the EDF led consortium (EDF, TotalEnergies Renewables SAS and Sumitomo Corporation) as the Preferred Bidder pursuant to the Request for Proposal (“RFP”) process.

Mphanda Nkuwa Hydropower Project will create, substantial power export opportunities, with clean power, in the region thereby realizing Mozambique’s vision to establish itself as a regional power hub and will support Government of Mozambique’s vision of sustainable clean energy for the universal access of electricity in Mozambique by 2030.

Synergy will continue to support 𝗠𝗜𝗥𝗘𝗠𝗘 and GMNK beyond the completion of this important milestone on this Project.