|Fund||Frontier Energy II|
|Participation||Co-Developer and lead equity|
|Expected CO2 emission reductions||30,000 tCOeq/annum|
|State of development||Under construction|
The Nyamagasani 1 project is a 15.0 MW run-of-river hydro power plant utilizing the hydro power potential of the river Nyamagasani as it drops 330m in a series of rapids, near the village of Kyarumba in the foothills of the Rwenzori mountains in Western Uganda. The project will be connected to the Ugandan national grid. The project is under construction.
In May 2016, DI Frontier Market Energy & Carbon Fund, became majority shareholder in the project company, Rwenzori Hydro (PVT) Ltd., with a view to finalize project development and provide equity for the construction of the project.