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KAGU006 Project Company and Shareholding

KAGU006 project rights are held by a SPV company named Kagunuzi Hydro AB. The company was previously known as African Power & Water AB but the name was changed in 2015 to clearly express that this company is a pure project company to hold the assets of KAGU006....

KAGU006 Power Purchase Agreement

A Power Purchase Agreement was negotiated and signed between the parties Kagunuzi Hydro AB and Regideso on July 14, 2015. The PPA was approved by the Minister of Energy and the Minister of Finance. Item Detail PPA Holder: Kagunuzi Hydro AB (formerly known as African...

KAGU006 Project Kick-Off

The official KAGU006 Project Kick-off was held on April 30, 2015 in Cibitoke in the project area. The celebrations were led by Honorable Minister Come Manirakiza, Minister of Energy & Mines together with representatives from Swede Energy, the local governor and...

KAGU006 Feasibility Study completed

Sher has delivered their feasibilty study. The major conclusions are that Swede Energy’s feasibility study has been confirmed correct and that the site selected for the project is suitable for the KAGU006 project. A legal due dilligence was performed and...