Tanzania Electric Supply Company Ltd agreed to acquire 18MW gas-fired power plant and associated assets in Mtwara, Tanzania from Wentworth Resources Limited (OB:WRL) for $13.5 million in cash on February 8, 2012. The transaction is expected to close on or before March 9, 2012. As of March 13, 2012, Wentworth Resources Limited announces that cash consideration has now been received and transaction is expected to be completed by April 7, 2012. Katherine Roe and Brett Jacobs of Panmure Gordon & Co. plc acted as financial advisor and Majid Shafiq and Travis Inlow of FirstEnergy Capital Corp. acted as broker to Wentworth Resources Limited. Nick Elwes, Catherine Maitland and Alexandra Roper of College Hill and Per Arne Totland of Axxept acted as public relations advisor to Wentworth Resources Limited. Tanzania Electric Supply Company Ltd completed the acquisition of 18MW gas-fired power plant and associated assets in Mtwara, Tanzania from Wentworth Resources Limited (OB:WRL) on March 31, 2012. $12.825 million was paid in the first quarter of 2012 while the remainder, being $0.675 million will be paid in the second quarter of 2012.