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The Fiji Times » PM Bainimarama signs sale agreement of EFL shares
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Fijilive - Govt formalises sale of EFL shares Gateway to Fiji, Fiji News, Fiji Rugby, Fiji Football, Fiji Sports, Fiji Picture Gallery, Fiji Business, etc
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Jun 04, 2021 12:38:55 PM Attorney General and Economy Minister Aiyaz Sayed-Khaiyum today informed Parliament that the government still owns 51 per cent shares in Energy Fiji Limited while Fijian citizens own 5 per cent shares. He said the recent acquisition of the remaining 44 per cent shares by Japanese company Chugoku Electric Power valued at $440 million will allow EFL to have the ability to tap into world-leading operational expertise, project delivery experience, technology and financial capacity to support the company in meeting the growing electricity demands of the nation and its renewable energy targets, while also providing reliable, renewable and affordable electricity to all Fijians.
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