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Emerging Africa Infrastructure Fund (EAIF), the financing facility of the Private Infrastructure Development Group (PIDG), has structured a US$22 million financing scheme for the Serengeti Energy for its 7.8 MW Nyamwamba II hydroelectric power plant in Western Uganda.
The project is located upstream of the 9.2 MW Nyamwamba I hydropower plant. The energy produced from the plant is sold to the Uganda Electricity Transmission Company Limited (UETCL) under a 20-year power purchase agreement (PPA).
