New consortium scores big in South Africa’s floating power station deal
7 May 2021
Powergroup SA a consortium comprising four companies, which is in partnership with Turkish Karadeniz Energy Group was registered with Companies and Intellectual Property Commission only on 15 May last year.
The South African consortium holding a 49% share of the controversial 20-year Karpowership SA floating power station deal announced in March by Minerals and Energy Minister Gwede Mantashe was formed less than a year ago.
Powergroup SA a consortium comprising four companies, which is in partnership with Turkish Karadeniz Energy Group was registered with Companies and Intellectual Property Commission (CIPC) only on 15 May last year.