Engie to divest from Morocco's Safi coal plant before 2027

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French energy firm Engie plans to sell its stake in Morocco's largest coal plant in Safi (SAFIEC), to focus on renewables and energy infrastructure, the company's North Africa director said on Friday.

The logo of Eng ie is seen during the company's annual general shareholders meeting in Paris, France, April 26, 2023. REUTERS/Sarah Meyssonnier/File Photoplans to sell its stake in Morocco's largest coal plant in Safi , to focus on renewables and energy infrastructure, the company's North Afr ica director said on Friday.

Engie's partners are considering green ammonia as an option to decarbonise the 1,386 MW plant, he said. "The wind park will be ready next year and few months afterwards the desalination plant will be operational," Jaegert-Huber said. Engie is also interested in Morocco's energy infrastructure projects, he said, citing the 3-gigawatt cable link that would connect Dakhla in Western Sahra to Casablanca.

RSBI:WATER-MANAGEMENT REPI:GOVERNANCE REPI:GRID-INFRASTRUCTURE REPI:COAL RSBI:CLIMATE-CHANGE RSBI:CLEAN-ENERGY MTPIX BACT BIZ CMPNY COA COAPWR COM DEAL1 DVST ELEU ELUT ELUT1 ENER ENFF ENG ENR ENV ESG ESGENV GEN MNGISS NRG PRIVT PUBL PWR PWRGEN REGS RNW RNWPWR UTIL UTIM UTIM08 UTLREG WATR WEU AMERS MA AFR US EUROP EH NAFR EZC NAMER EMEA EMRG FR SUSTAINABLE-BUSINESS ENERGY FIN

 

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