Mozambique’s Hidroelectrica de Cahora Bassa (HCB) could raise around $52.5 million from listing a 7.5% stake in the company on the Mozambican stock exchange, according to one estimate. Portuguese electricity network company REN, which also owns 7.5% of HCB, believes its stake to be worth around $52.2 million today, which would value the whole of…...
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