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Rwimi Hydroelectric Power Plant

Sector: Hydro • Location: Uganda

Source: World Bank Group

Project
Active

The USD $30 million financing will be used for the construction of the 5.6MW Rwimi hydroelectric power plant in Uganda. The plant is located on the Rwimi River, along the border between Kasese District and Kabarole District. Sponsor for the project is the Sri Lankan hydro power developer, Eco Power Holding ltd. The financing comprises USD $5 million equity and USD $25 million debt. Belgian Invest

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The project “Rwimi Hydroelectric Power Plant” is an infrastructure initiative in the Hydro sector, located in Uganda. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The USD $30 million financing will be used for the construction of the 5.6MW Rwimi hydroelectric power plant in Uganda. The plant is located on the Rwimi River, along the border between Kasese District and Kabarole District. Sponsor for the project is the Sri Lankan hydro power developer, Eco Power Holding ltd. The financing comprises USD $5 million equity and USD $25 million debt. Belgian Investment Company for Developing Countries (BIO) and The Norwegian Investment Fund for Developing Countries (Norfund) acted as MLAs on the debt. Allen & Overy acted as lenders' legal adviser. Rwimi small hydro power plant (SHPP )is a 5.6 MW greenfield project with 2 turbines generating a total of 28 GWh per year.

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High

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