|Fund||DI Frontier Market Energy & Carbon Fund K/S (Fund 1)|
|Participation||Co-Developer and lead equity|
|Expected CO2 emission reductions||11,000 tCOeq/annum|
|State of development||Under development|
The Kakaka project is a 4.5 MW run-of-river hydro power plant utilizing the hydro power potential of the river Ruimi as it drops 180m in a series of rapids, in and around the village of Nyakaka in the foothills of the Rwenzori mountains in Western Uganda. The project will be connected to the Ugandan national grid. The project is in late stages of development.
In April 2013, DI Frontier Market Energy & Carbon Fund, became majority shareholder in the project company, Greenewus Energy Africa Ltd, with a view to finalize project development and provide equity for the construction of the project.