Karuma 600MW hydroelectric power plant

11/8/2015

Project development, Project finance

Value:

$ 2.2 billion

Status:

Completed

Date:

11/8/2015

Overview:

Karuma 600MW hydroelectric power plant.
The Sinohydro Corporation has obtained $2.2 billion in financing towards the Karuma power plant in Uganda.
Located on the Victoria Nile, construction on the 600MW project began in 2013 and is expected to be completed by the end of 2018.
Once completed, Karuma will be the largest power generator in Uganda.

Kurt Stumpo - Journalist

Jurisdiction:

Uganda

Deal types:

Project development
Project finance

Practice areas:

Project finance
Project development

Governing law:

Uganda

Industry sector:

Energy

Firms:

KSMO Advocates

Party: Sinohydro Corporation (Project developer)

Lawyer: Richard Caesar Obonyo

S&L Advocates

Party: Sinohydro Corporation (Project developer)

Lawyers: Barnabas Tumusingize, Nicholas Ecimu

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