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

The logo of Engie 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 Africa 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.

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