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FMO in finance deal for Ugandan hydro plant

23 January 2012


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The project is located in the village of Kilembe, in the Kasese district in Western Uganda. Of the US$24M loan for project development, FMO will provide US$12M, the Emerging Africa Infrastructure Fund will provide US$6M, DEG US$4M and Finnfund US$2M.

This funding follows on from an earlier financing in 2009, when FMO arranged a US$55M debt package for the development of 12 run-of-river hydropower projects totaling 58MW in Uganda and Sri Lanka.


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