Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Saudi ACWA Builds $1B Power Plant for Vale’s Mozambique Project

Group led by ACWA Power signed 25-yr contract yday with Mozambique govt to build the coal-fired Moatize plant in Tete Province, 1,500 km north of Maputo, it says in an e-mailed statement. * Plant to have capacity of 300 megawatt; 250 of that to supply Vale SA’s coal mining project; rest to feed country’s grid * Vale, Japan’s Mitsui Co Ltd. co-sponsor project; state-owned utility, Electricity de Mozambique and local investor Whatana Investment Group are minority shareholders * Korean GS Engineering & Construction awarded engineering, procurement and construction of Moatize; ACWA Power’s wholly owned subsidiary, NOMAC to operate and maintain plant *NOTE: Riyadh-based ACWA Power owned by Saudi investors; govt pension funds and state-owned Sanabil investment co.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.