Article: Sithe Global and IPS establish a New Hydroelectric Station in Uganda.

NEW YORK -- Sithe Global Power, LLC, through its special purpose affiliate SG Bujagali Holdings, Ltd., (collectively, "Sithe Global") announced today with its partner, Industrial Promotion Services (K) ("IPS"), an affiliate of the Aga Khan Fund for African Development ("AKFED"), that their jointly owned special purpose company, Bujagali Energy Limited ("BEL"), a Ugandan company, has closed financing on a USD 682MM construction debt facility for the 250 MW Bujagali hydroelectric station located on the Nile River in Uganda, Africa. Multilateral and bilateral debt will be provided by European Investment Bank, International Finance Corporation ("IFC"), African Development ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!