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Article: Sithe Global and IPS establish a New Hydroelectric Station in Uganda.
- Article from:
- Business Wire
- Article date:
- December 21, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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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 ...
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Article: Bujagali Project Clean So Far - World Bank.
Africa News Service;
April 17, 2002 ;
700+ words
... ... Bank investigated corruption allegations linked to the AES Bujagali project and could have blocked funding from the International Finance ... expressed concern about corruption allegations linked to the Bujagali Project. Several speakers were satisfied with [AES] management ...
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