NamPower courts investors for Kudu

NamPower has kick-started the process of looking for investors for the US$1.23 billion-estimated Kudu power project by issuing a pre-qualification tender for potential strategic equity investors.
The power utility issued the tender on Wednesday for the largest power project in Namibia. The tender will be opened until 09 August 2013.
NamPower said it had already received several inquiries from prospective investors even before issuing the tender notice. International media reported last Friday that two leading international energy companies, EDF and Alstom had expressed interest in becoming potential strategic equity partners in Kudu Power.