Kafue Gorge Lower 750MW hydroelectric power plant

1/5/2016
Project development, Project finance

$ 2 billion

Announced

1/5/2016


Overview:

  • Kafue Gorge Lower 750MW hydroelectric power plant.
  • Zambia Electricity Supply Corporation (ZESCO) and Sinohydro are developing the project which is located on the Kafue river, 17.3km downstream from the existing Kafue Gorge Upper hydroelectric power plant.
  • The project consists of the construction of a 140m high dam and five 150MW generating units.
  • Development Bank of Southern Africa (DBSA) has provided $100 million in financing for the project.

Sam Duke - Editor

Jurisdiction:

Zambia

Deal types:

Project development
Project finance

Practice areas:

Project finance
Project development

Governing law:

Zambia

Industry sector:

Energy


Firms:

Party: Zambia Electricity Supply Corporation (ZESCO) (Grantor)


Party: Zambia Electricity Supply Corporation (ZESCO) (Grantor)

Lawyer: Mark Newbery


Party: Development Bank of Southern Africa (DBSA) (Lender)