RIC Energy, a Spanish solar photovoltaic (PV) project developer, has begun construction of the 23 MWp Nkonge PV farm in Uganda for The Xsabo Group. RIC Energy will remain on site to provide services for operations and maintenance upon completion.
The construction works also include the construction of a step-up substation with a 132 kV/33 kV rating and an overhead line with a 132 kV rating spanning 4.5 km.
Following completion, The Xsabo Group will deliver output to Uganda Electricity Transmission Co Ltd. RIC Energy anticipates that the development will be completed some time during the first half of 2023.
Country updates
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June 16, 2022
EAIF extends US$22mn support to 7.8 MW Nyamwamba II hydroelectric power plant in Kasese
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...
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November 16, 2020
Tullow Oil completes US$575mn sale of Ugandan assets to Total
Tullow Oil plc (Tullow) has completed the sale of its assets in Uganda to Total with US$500 million consideration. Tullow is also due to receive a further US$75 million when a Final Investment Decisio...
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September 10, 2019
Kikagati Power Company reaches financial close for 16 MW hydropower project
Kikagati Power Company has achieved financial close for the US$87 million hydropower project located the Kagera River between Uganda and Tanzania. Emerging Africa Infrastructure Fund (EAIF...
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March 05, 2019
Emerging Africa Infrastructure Fund signs loan for 14 MW hydropower project on the border of Uganda and Tanzania
The Emerging Africa Infrastructure Fund has announced the signing of a US$27 million loan to Kikagati Power Company Limited, which is building a 14 MW run-of-the-river hydro electricity generating sta...
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December 16, 2018
Project expected completion date
Project expected completion date. At that time it will be the largest power plant in Uganda and will provide about 50% of the country’s energy
