ZCCM Investments Holdings (FR:MLZAM) has released an update.
ZCCM Investments Holdings PLC has announced its financing strategy for the construction of a 300-Megawatt power plant by Maamba Energy Limited, with a total project cost of USD 400 million. ZCCM-IH will contribute USD 15 million in debt and USD 35 million in equity, aligning its loan terms with those of the independent lenders in the consortium to ensure fairness. The company will keep the market updated on the project’s development and construction progress.
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