Qatar s Nebras buys stake in Bangladesh CCGT
Apr 19, 2021 12:30:pm
Summary The project will be one of the largest independent power producers in Bangladesh upon completion in late 2022, Nebras said.
by: Shardul Sharma
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Qatar s Nebras buys stake in Bangladesh CCGT
Qatar s Nebras Power has acquired a 24% equity stake in Unique Meghnaghat Power (UMPL) in Bangladesh, it said on April 19.
Nebras Power Investment Management, a unit of Nebras Power, signed a sale and purchase agreement with Unique Hotel and Resorts (UHRL), a sister company of Unique Group, and Strategic Finance (SFL) to acquire the stake. This is Nebras’ first acquisition in Bangladesh.
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