The Project
Country | Rwanda |
Fund | DI Frontier Market Energy & Carbon Fund K/S (Fund 1) |
Participation | Co-Developer and lead equity, now exited |
Type | Run-of-river hydro |
Capacity | 2.6MW |
Expected CO2 emission reductions | 10,000 tCOeq/annum |
State of development | In operation |
The Rwaza I project is a 2.6 MW run-of-river hydro power plant utilizing the hydro power potential of the river Mukungwa as it drops around 30m, near the town of Musanse in northern Rwanda. The project will be connected to the Rwandan national grid. The project is In operation.
Frontier Involvement
In December 2016, DI Frontier Market Energy & Carbon Fund, became a significant shareholder in the project company, Rwaza HydroPower Ltd., with a view to finalize project development and provide equity for the construction of the project.
In 2023 Frontier successfully exited its investment in the project.