Uganda Starts Developing $900M Hydropower Plant

Law360, New York (February 2, 2012, 3:14 PM EST) -- Uganda on Thursday reportedly commissioned the first phase of electricity production at a new $900 million hydropower plant to help ease the country's acute power shortage.

The first 50-megawatt phase for the 250-megawatt Bujagali Hydropower Project was started Thursday after more than two years of delays due to technical glitches and opposition from environmental groups, reported Dow Jones. The project is a development by Bujagali Energy Ltd., a company jointly owned by affiliates of The Blackstone Group's Sithe Global Power, LLC and the Aga Khan Fund...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.