Bujagali Energy Limited

Bujagali Energy Limited is a leading power producer, delivering affordable and clean energy in Uganda through the Bujagali Hydro Power Plant.

The power plant is located near Lake Victoria, on the Victoria Nile. When commissioned in 2012 Bujagali was the largest hydropower generation facility in Uganda and nearly doubled Uganda’s peak electricity supply, eliminated daily load-shedding and provided a reliable solution to meet the country’s increasing power demand.

The 250MW plant currently contributes up to 31% of Uganda’s effective energy capacity, setting a unique precedent for Public-Private Partnerships in the region.

Alaister McDougall
General Manager

Vision

Power for prosperity.

Mission

To provide safe, reliable, and quality renewable energy for Uganda in a responsible and sustainable manner.

Values

Honesty and integrity
Improvement driven
Uncompromising in workplace safety and health
Encouraging individual initiative for team success
Diversity and inclusiveness
Excellence in reputation; being part of something special

Bujagali Energy Limited Shareholding

The shareholders of Bujagali Energy Limited are SN Power Invest (a majority owned subsidiary of Scatec ASA Norway); Bujagali Holdings Power Company Ltd (BHPCL) an affiliate of Aga Khan Fund for Economic Development (AKFED); and Government of Uganda (GoU).

Scatec is a leading renewable power producer, delivering affordable and clean energy worldwide. As a long- term player, Scatec develops, builds, owns and operates solar, wind and hydropower plants and storage solutions. Scatec has more than 3.5 GW in operation and under construction on four continents and more than 600 employees. The company is targeting 15 GW capacity in operation or under construction by the end of 2025. Scatec is headquartered in Oslo, Norway and listed on the Oslo Stock Exchange under the ticker symbol ‘SCATC’.

Industrial Promotion Services (IPS), established in the 1960s, is the industrial and infrastructure development arm of the Aga Khan Fund for Economic Development (AKFED). IPS invests in financially stable and ethical projects capable of promoting economic development. As a long-term investor, IPS plays the role of the project sponsor and promoter in projects that are catalytic and pioneering in a particular sector. IPS works with governments as well as local and international development partners to develop and operate companies that create employment and provide goods and services contributing to the long-term development of the economies in which they operate.