Puma Energy and Hela Investment Limited have signed a Memorandum of Understanding (MOU) that aims to bring participation from Puma Energy to co- invest in sustainable economic projects.
This is following amicable discussions between Hela Investment and Puma Energy Chief Executive Officer, Hadi Hallouche, including PNG management in Port Moresby on November this year.
“This MOU sets the pace for participation in socio-economic projects especially within the clean energy space which Hela Investment has engagement with,” said Company Chairman and Managing Director, Hulala Tokome.
Adding to that, Puma Energy CEO Hadi Hallouche said, “Puma Energy’s purpose is to Energize Communities and we stand committed to delivering this purpose, through this partnership.”
“A partnership that aligns with the National Government’s current and future development plan that aims to expand access to sustainable infrastructure and services to the people of PNG,” he said.
The CEO of Hela Investment Limited, Mr Gedisa Igah was pleased with the MOU.
“Hela Investment is excited to partner with a global company such as Puma Energy to explore investing in projects, including within the clean energy space, to bring long term sustainable prosperity, not only to the people of Hela, but PNG as a whole,” Igah said.
