Perspective
12 September 2018
Bujagali Energy: An unlikely DFI debt rollover template
In:
Renewables
Region:
Middle East & Africa
In July, Sithe and IPS refinanced the Bujagali hydro project to deliver a cheaper power tariff to the Ugandan government. The process – a rare refinancing for DFIs – also involved a reshuffle of Bujagali’s debt and equity cast. So is this the beginning of a new willingness from DFIs to roll over debt?
