Songas is a leading Tanzanian gas-to-power company which generates 190 megawatts (MW) of electricity. Using gas from the Songo Songo gas reserves, Songas also processes and transports natural gas to other power generators and industrial customers.
Since 2004, Songas has been a strategic partner with the Government of Tanzania in meeting the growing demand for energy. Songas sells all the electricity it produces to TANESCO.
As a registered Tanzanian company, the Government of Tanzania owns more than 40% of the shares in Songas through shareholdings held by TANESCO, TPDC and TDFL. Globeleq owns 54% of the shares in Songas and operates the plant. Globeleq is a leading independent power producer which operates and develops power projects in Africa. Globeleq is owned by CDC (70%) of UK and Norfund (30%) of Norway. CDC and Norfund are development finance institutions which support investment in developing countries.