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Energy Finance & Investment News in Rwanda

Inspired Evolution exits renewable investments and is on track to raise $250m Evolution II

Inspired Evolution exits renewable investments and is on track to raise $250m Evolution II

🕔Feb 1, 2017

Inspired Evolution, has successfully exited a number of its renewable energy investments held in its Evolution One Fund portfolio.

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Financing signed for Rwanda peat-to-power plant

Financing signed for Rwanda peat-to-power plant

🕔Dec 16, 2016

A US$350 million deal has been signed to finance an 80 MW peat-to-power project in Rwanda which aims to increase access to electricity for the three quarters of the country’s population that is currently off the grid.

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AfDB approves loan for Rwanda’s first regional hydropower public-private partnership project

AfDB approves loan for Rwanda’s first regional hydropower public-private partnership project

🕔Mar 28, 2016

The African Development Bank Group has recently announced a US$24 million loan to support Rwanda’s contribution to the development of the 147 MW Multinational Ruzizi III Hydropower Project.

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Turkish company to build and operate 80 MW power plant in Rwanda

Turkish company to build and operate 80 MW power plant in Rwanda

🕔Feb 12, 2016

The Government of Rwanda has signed power purchase and concessional agreement Hakan, a Turkish company for the development of a 80 MW peat power in Rwanda.

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AfDB approves regional hydropower PPP in Burundi, DRC, Rwanda

AfDB approves regional hydropower PPP in Burundi, DRC, Rwanda

🕔Dec 28, 2015

The African Development Bank Group has approved US$138 million of loans and grants toward the Ruzizi III Hydropower Plant.

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Symbion Power signs PPA for 50 MW methane gas power plant in Rwanda

Symbion Power signs PPA for 50 MW methane gas power plant in Rwanda

🕔Dec 14, 2015

Symbion Power Lake Kivu Ltd, a subsidiary of Symbion Power LLC, last week signed a 25-year power purchase agreement (PPA) with the Rwanda Energy Group (REG) for a 50 Megawatt (MW) methane gas to power project.

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Off Grid Electric receives $25 Serie C funding to power Africa

Off Grid Electric receives $25 Serie C funding to power Africa

🕔Oct 23, 2015

Off-Grid Electric, the world’s leading off-grid energy provider, closed a Series C investment worth $25 million on Wednesday to expand its micro-solar leasing platform in Africa.

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Rwanda signs concession agreement for Micro Hydro Power Plants

Rwanda signs concession agreement for Micro Hydro Power Plants

🕔Sep 2, 2015

The Rwandan Ministry of Infrastructure has announced the signing ceremony of Power Purchase Agreements (PPAs) and Concession Agreements for 22 Micro Hydropower Plants whereby 15 are under leasing and 7 Green Fields.

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Rwanda seeks private partner for petrol storage concession

Rwanda seeks private partner for petrol storage concession

🕔May 11, 2015

The Government of Rwanda, through Rwanda Energy Group (REG), has launched a tender process to develop a petroleum storage facility under a 20 year concession agreement.

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Rwanda seeks interest to upgrade hydropower projects through private investment

Rwanda seeks interest to upgrade hydropower projects through private investment

🕔Oct 9, 2014

Energy Utility Corporation Ltd. (EUCL), a subsidiary company of Rwanda Energy Group, invites qualified interested firms to participate in the prequalification process to upgrade hydropower projects through private investment.

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Rwanda, Kenya and Uganda seek consultant for feasibility study of transmission project

Rwanda, Kenya and Uganda seek consultant for feasibility study of transmission project

🕔Sep 25, 2014

The Governments of the Republic of Kenya, the Republic of Uganda and the Republic of Rwanda, through the Joint Steering Committee (JSC), have launched a request for expressions of interest (RFEOI) to develop a feasibility study for the harmonization of 400kV transmission lines in the three countries.

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Symbion Power to develop a 50 MW IPP project in Rwanda

Symbion Power to develop a 50 MW IPP project in Rwanda

🕔Sep 1, 2014

The Government of Rwanda’s Energy Water and Sanitation Authority (EWSA) has awarded Symbion Power a 50 MW Independent Power Production (IPP) project using methane gas from Lake Kivu, Rwanda.

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