Uganda: FMO financing for Tororo solar

Issue 332 - 18 Oct 2016 | 1 minute read
Netherlands development agency FMO has arranged a $14.7m senior loan for the financing of the 10MW Tororo solar photovoltaic project. The plant will be developed and owned by Italy’s Building Energy. FMO acted as mandated lead arranger of the facility, half of which was syndicated to the Emerging Africa Infrastructure Fund. The project is being developed under the KfW-led Global Energy Transfer Feed-in Tariffs (GET FiT) facility. FMO is also financing a similar scheme at Soroti, which began construction in March.

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