Rwanda - (Loan to KivuWatt Limited) - Lake Kivu Integrated Methane Gas Extraction and Power Production Facility

The KivuWatt Power Project is located in the Kibuye area of the District of Karongi, Western Province of Rwanda. It will use waters in Lake Kivu. The border between Rwanda and the Democratic Republic of the Congo bisects Lake Kivu. The KivuWatt project is located wholly within Rwandan territory. The project extracts methane from the waters of Lake Kivu and use the gas to generate electricity that will be sold to the Rwanda electricity utility, Rwanda Electricity Corporation (RECO). Phase 1 of the project, which will generate 25MW, is expected to start commercial operation in 2012. The methane gas produced in Phase 1 will initially be used to power three gas engine generator sets, ‘Gas Extraction Facilities’ (GEFs). Phase 2 of the project, which will generate an additional 75 MW employing nine additional GEFs to expand KivuWatt to just over 100 MW of power, is expected to start construction six months after Phase 1 is commissioned.