Knowledge (XXG)

Bujagali Energy Limited

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In December 2017, the Ugandan government reached consensus with the power station's financiers on restructuring the loans and waiving taxes on the power generated, to enable the cost of power to the consumer to reduce. In July 2018, with about US$ 450 million of the US$ 900 million construction loan
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repaid, the remaining loan was restructured and extended for another 15 years, thereby lowering the loan payments and related electricity tariffs to as low as US$ 0.08 per unit, for large industrial customers. The new lower electricity rates were expected to commence in July 2018.
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of Norway acquired shareholding in the business. After the exit of Sithe Global Power in 2018, the shareholding was adjusted as reflected in the table below. SN Power AS was acquired by Scatec along with its assets on 29 January 2021.
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The following entities contributed funds to build the power station. As of July 2019, the restructured debt package was approximately US$ 500 million, with IFC contributing about US$ 100 million to the total new loan package.
131:(GOU), BEL owns and operates the power plant for 30 years, starting with commissioning. After the 30 years, BEL will transfer ownership of the station to the GOU for US$ 1.00. The power generated is sold to the 1432: 846: 167:
was set to invest an additional KSh4.4 billion (US$ 44 million) in the business, in addition to the KSh5.5 billion (US$ 55 million) that it had already invested. In August 2018,
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BEL is a single purpose company, formed to develop the 250-megawatt Bujagali Hydropower Station. Under arrangements with the
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As of September 2016, the shareholders in BEL were as listed in the table below. In May 2018, the
1222: 1128: 792: 1359: 1344: 1282: 1067: 1008: 940: 911: 747: 652: 567: 1334: 1057: 1406: 1349: 1217: 1097: 1092: 1087: 1082: 817: 713: 543: 495: 481: 148: 681: 160: 648:"Uganda urges Bujagali investors to take haircut on project to reduce power costs" 1160: 1227: 1052: 616:"Ugandan President Museveni And Aga Khan Inaugurate Bujagali Hydropower Plant" 471: 1388: 1375: 489: 400: 240: 172: 386: 1042: 1037: 1032: 1018: 743:"Jubilee Holdings Injects Additional $ 40 Million In Bujagali Energy" 404: 236: 112: 66: 1047: 847:"Jubilee restructures its Sh51.5 billion Uganda power plant loans" 100: 62: 974: 119:, the largest hydropower plant in the country as of July 2014. 382: 82: 677:"Jubilee Holdings to pump Sh4.4bn into Bujagali power plant" 709:"Government Earns Shs300 Billion From Bujagali Buyout Deal" 876:"Bujagali Energy Limited: Summary of Proposed Investment" 965: 773:
January 29; notice, 2021 Stock exchange (2021-01-29).
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at a cost of US$ 900 million between 2007 and 2012.
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Bus-Ex.Com Quoting Bujagali Energy Limited 171:of the United States exited the company and 111:is an electric energy generating company in 19: 797:: CS1 maint: numeric names: authors list ( 993: 979: 971: 775:"Scatec completes acquisition of SN Power" 298: 178: 18: 16:Ugandan electric energy generating company 840: 838: 836: 834: 539:"Kiggundu to oversee Karuma dam project" 1418:Hydroelectric power companies of Uganda 707:Kasemiire, Christine (24 August 2018). 529: 509:West Nile Rural Electrification Company 433:Netherlands Development Finance Company 181:Shareholding In Bujagali Energy Limited 790: 736: 734: 732: 641: 639: 637: 258:Aga Khan Fund for Economic Development 1192:Nalubaale Hydroelectric Power Station 905:Abdallah, Halima (30 December 2017). 646:Kalinaki, Daniel (4 September 2016). 7: 1428:Energy companies established in 2004 1187:Bujagali Hydroelectric Power Station 1138:Ugma Engineering Corporation Limited 768: 766: 702: 700: 145:Bujagali Hydroelectric Power Station 115:. The company owns and operates the 1319:Uganda Military Engineering College 1156:Sugar Corporation of Uganda Limited 1443:Electric power companies of Uganda 1267:St. Charles Lwanga Buikwe Hospital 14: 1303:Mukono–Kyetume–Katosi–Nyenga Road 1134:Nyanza Textile Industries Limited 880:International Finance Corporation 589:Mwesigye, Shifa (8 August 2013). 325:International Finance Corporation 1236:Roman Catholic Diocese of Lugazi 1152:East African Packaging Solutions 1066: 1002: 504:Electricity Regulatory Authority 488: 474: 1257:St. Francis Hospital Nkokonjeru 741:James Anyanzwa (30 June 2020). 934:Asiimwe, Dicta (9 July 2018). 537:Okuda, Ivan (21 August 2016). 1: 1438:2004 establishments in Uganda 369:German Investment Corporation 109:Bujagali Energy Limited (BEL) 1423:Aga Khan Development Network 1197:Lugazi Thermal Power Station 845:Victor Juma (21 July 2019). 812:Juma, Victor (23 May 2014). 1119:Stanbic Bank Uganda Limited 675:Mutua, John (31 May 2018). 566:Article (31 January 2011). 46:; 20 years ago 1459: 1413:Energy companies of Uganda 1124:Pride Microfinance Limited 205:Jubilee Investment Company 143:BEL owns and operates the 1298:Mukono–Kayunga–Njeru Road 1141:Cable Corporation Limited 1064: 1015: 419:French Development Agency 36:Electric power generation 1293:Kampala–Jinja Expressway 1114:Absa Bank Uganda Limited 874:IFC (20 December 2006). 355:European Investment Bank 341:African Development Bank 165:Jubilee Holdings Limited 163:newspaper reported that 1262:Nyenga Mission Hospital 1252:Kawolo General Hospital 1182:Bujagali Energy Limited 1166:GM Sugar Uganda Limited 519:Nalubaale Power Station 101:www.bujagali-energy.com 20:Bujagali Energy Limited 1340:Michael Lulume Bayigga 1148:Nile Breweries Limited 1144:Uganda Hortech Limited 117:Bujagali Power Station 1288:Kampala–Jinja Highway 882:(IFC). Archived from 852:Business Daily Africa 595:The Observer (Uganda) 1389:0.33306°N 33.12861°E 1202:Eskom Uganda Limited 620:The Blackstone Group 221:Government of Uganda 196:% Ownership in 2020 129:government of Uganda 1385: /  1355:Nanji Kalidas Mehta 514:Kiira Power Station 303: 193:% Ownership in 2018 183: 21: 1232:Lugazi Golf Course 1223:Source of the Nile 1129:Finance Trust Bank 1026:Towns and villages 886:on 16 October 2014 313:Loan Amount (US$ ) 299: 179: 169:Sithe Global Power 79:Alaister McDougall 1394:0.33306; 33.12861 1368: 1367: 1211:Notable landmarks 618:(Press release). 461: 460: 288: 287: 106: 105: 1450: 1400: 1399: 1397: 1396: 1395: 1390: 1386: 1383: 1382: 1381: 1378: 1360:Florence Ndagire 1283:New Jinja Bridge 1070: 1007: 1006: 1005: 995: 988: 981: 972: 954: 953: 951: 949: 931: 925: 924: 922: 920: 902: 896: 895: 893: 891: 871: 865: 864: 862: 860: 842: 829: 828: 826: 824: 809: 803: 802: 796: 788: 786: 785: 770: 761: 760: 758: 756: 738: 727: 726: 724: 722: 704: 695: 694: 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Index

Njeru
Uganda
CEO
www.bujagali-energy.com
Uganda
Bujagali Power Station
government of Uganda
Uganda Electricity Transmission Company Limited
Bujagali Hydroelectric Power Station
Victoria Nile
Daily Nation
Jubilee Holdings Limited
Sithe Global Power
SN Power AS
Jubilee Investment Company
Government of Uganda
Scatec
SN Power AS
Aga Khan Fund for Economic Development
International Finance Corporation
African Development Bank
European Investment Bank
German Investment Corporation
KfW
Germany
PROPARCO
France
French Development Agency
Netherlands Development Finance Company
Uganda portal

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