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Umeme Capex

Sector: Government • Location: Uganda

Source: International Finance Corporation (IFC)

Project
Completed

Umeme Limited (“Umeme”, or the “Company”), Uganda’s largest electricity distribution company, plans to invest up to US$ 440 Million in Uganda’s distribution system over the course of the next years until and including 2018. Out of this amount the Company expects to raise debt financing of up to US$ 170 Million (the “Project”), while the remainder is to be financed through internally generated fund

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Project Information

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The project “Umeme Capex” is an infrastructure initiative in the Government sector, located in Uganda. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

completed

Taiyo status

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Taiyo last update

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Contact

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Email

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Description

Description

Umeme Limited (“Umeme”, or the “Company”), Uganda’s largest electricity distribution company, plans to invest up to US$ 440 Million in Uganda’s distribution system over the course of the next years until and including 2018. Out of this amount the Company expects to raise debt financing of up to US$ 170 Million (the “Project”), while the remainder is to be financed through internally generated funds. The investment is aimed at improving the system’s operational performance including distribution losses and collection rates amongst others. Umeme holds a concession for electricity distribution in Uganda until 2025 and is presently majority owned by Actis LLP.

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Original Currency

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Original budget

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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