Achwa Hydro Power projects 1 and 2

4/11/2016

Project finance

Value:

$ 230 million

Status:

Announced

Date:

4/11/2016

Overview:

Developer Arpe Limited obtained $230 million in financing to fund the Achwa Hydro Power projects 1 and 2.
The consolidated 83MW Achwa project will be the the largest privately owned hydro power plant in Uganda.
The lenders were led by DEG.

Kurt Stumpo - Journalist

Jurisdiction:

Uganda

Deal type:

Project finance

Practice area:

Project finance

Governing law:

Uganda

Industry sector:

Energy

Firms:

ABMAK Associates

Party: Arpe Limited (Project developer)

Lawyers: Aisha Naiga, Joshua Byabashaija

AF Mpanga

Party: DEG (Lender)

Herbert Smith Freehills

Party: DEG (Lender)

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