The Board of Directors of the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA) have approved a refinancing package for the 250 MW Bujagali hydropower project, located on the Victoria Nile in Uganda. One of the largest power-generation plants in Uganda, the project has been operational since 2012.
Energy Finance & Investment News in Uganda
Building Energy has announced the achievement of the financial close for the construction of the 10 MW Tororo solar PV project in Uganda.
Building Energy has agreed with FMO a US$ 14.7 million senior loan for the financing of the Tororo solar PV project in Uganda.
ENGIE has taken an 18.5% minority stake in Green Bio Energy, a company active in Uganda where it produces improved cookstoves and charcoal briquettes reconstituted from waste materials.
The government of Uganda has suspended negotiations with a Russian consortium, RT Global Resources, for the development of the 60,000 bpd refinery public private partnership (PPP) project.
FMO has arranged a US$ 10.2 million senior loan for the development and construction of a 5.4MW run-of-the-river hydropower project in Uganda.
EREN RE and Access Infra Africa have announced that construction of the 10 MW solar photovoltaic project in Uganda will begin next month.
According to sources, the government of Uganda expects to conclude the negotiations for the 60,000 bpd refinery development PPP project and sign the Final Investment decision by October 2015.
Uganda's National Water and Sewerage Corporation (NWSC) has launched a request for proposals (RFP) to develop Waste-to-Energy PPP project for its Kampala Service Area.
The Government of Uganda has officially announced that Russia's RT Global Resources-led consortium is the winner of the $2.5 billion oil refinery contract.
The government of Uganda has selected two consortia to develop two 10 MW solar plants.
The government of Uganda has announced it will select the preferred bidder for the development of a 60,000 barrels per day (BPD) oil refinery and related downstream infrastructure by February 2015.
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.
Two out of the four bidders that submitted proposals on May 30th to the Government of Uganda (GOU) for the development of a 60,000 barrels per day (BPD) oil refinery and related downstream infrastructure have been invited to progress to the negotiations stage of the tender process.
Actis has announced its subsidiary, Umeme Holdings Ltd (UHL), has sold a total 45.7% of Ugandan electricity distribution company, Umeme Ltd for US$98 million to Ugandan retail investors.