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UECCC SUPPORTS CRESTA PROJECT WITH EARLY STAGE GRANT

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CDIL is pleased to announce that the Uganda Energy Credit Capitalisation Company (UECCC) has selected CDIL’s Cresta small hydro project as the recipient of a €150,000 Early Stage Transaction Advisory Services Facility.  The facility, which has been funded by KfW, the German Development Bank, is in place to facilitate investments in Uganda’s high-potential Renewable Energy Sector.

UECCC’s mandate is to provide a reliable framework for pooling resources from Government, Investors and Development Partners and to channel the same to viable renewable energy projects. The implementing consultant is the German consulting firm Lahmeyer International.