French Company Signs Shareholder Agreement With Angolan National Oil Company

The special purpose company will build a solar photovoltaic plant in Quilemba, in the southwest of Angola.

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In Angola, the French company Total Eren has signed a shareholder agreement with the national oil company Sonangol and Angola Environment Technology (Greentech) to set up the company Quilemba Solar.

The special purpose company will build a solar photovoltaic plant in Quilemba, in the southwest of Angola.

A solar power plant will be built near the town of Quilemba in Angola. This is the goal of Total Eren.

The independent power producer (IPP), which 30% is owned by the French oil company Total Energies, has just signed a shareholder agreement with the Angolan oil company Sonangol and Angola Environment Technology (Greentech), a Luanda-based company.

The three partners are setting up Quilemba Solar.

The company will be responsible for the construction of the future Quilemba solar photovoltaic plant.

According to the agreement reached between the three parties, Quilemba Solar will be 51% owned by Total Eren, 30% by Sonangol and 19% by Greentech.