SUBSIDIARY NAME
THE CBM (COAL-BED METHANE)
COUNTRY
ZIMBABWE
SECTOR/ INDUSTRY
ENERGY
OWNERSHIP %
70% IIB-DG
ACQUISITION DATE
–
ACQUISITION VALUATION
4.3 BILLION
TOTAL ASSET VALUATION
43 BILLION
ENERGY-OIL-REFINERY-GAS
THE CBM (COAL-BED METHANE): IIB-DG acquired THE CBM (COAL-BED METHANE) the purpose of project is to provide advantage to Zimbabwe’s economy and ensure cheap and affordable energy to the poor. Reposed program Utilize power as the immediate anchor market and expand into even larger market sectors. Envisioned expenditures include upstream and downstream costs, although they will be distinct projects.