| Company type | Parastatal |
|---|---|
| Industry | Energy, Finance |
| Founded | 2009 |
| Headquarters | Amber House, 3rd Floor 29-33 Kampala Road Kampala, Uganda |
Key people | Ramathan Ggoobi Chairman [1] Roy Nyamutale Baguma [2] Managing Director and Chief Executive Officer |
| Products | Loans, equity partnerships, financial advisory services, credit guarantees, asset finance |
| Total assets | UGX:58.4 billion (US$15.25 million) (June 2022) |
| Owner | Government of Uganda |
| Website | Homepage |
The Uganda Energy Credit Capitalisation Company (UECCC) is a company owned by the government of Uganda. It is responsible for coordinating funding from the Ugandan government, international development partners and the private sector, to invest in renewable energy infrastructure in Uganda, with emphasis on the promotion of private sector participation. [3]
UECCC's headquarters is located in Amber House, at 29-33 Kampala Road, in the centre of Kampala, Uganda's capital and largest city. [3] The coordinates of the company headquarters are 00°18'48.0"N, 32°34'55.0"E (Latitude:0.313340; Longitude:32.581949). [4]
The company was established in 2009 and coordinates investment into renewable energy sources in the country. [5] The company offers technical, financial, and advisory services to the lending financial institution and to the renewable energy project developer. Services offered include the following: [6] (a) Liquidity refinance option (b) Cash reserving (c) Partial risk guarantee (d) Solar refinance facility to participating microfinance institutions (e) Bridge financing facility (f) Subordinated debt finance (g) Interest rate buy down and (h) Transaction advisory services. [6] Participating international development partners include the World Bank [7] and KfW. [8]
The company is jointly owned by the Uganda Ministry of Energy and Mineral Development and the Uganda Ministry of Finance, Planning and Economic Development. As of June 2022, the company's total assets were USh58.4 billion (US$15.257 million). At that time the company was involved in developing nine mini-hydroelectric power stations in the country, that were yet to come online. [9]
In July 2024, UECCC signed contracts for the construction of the ORIO Mini Hydropower Project, in the Western Region of Uganda. The project involves the construction of 9 mini-grid dams with total capacity of 6.7 MW. The project will benefit up to 71,081 households and 2,300 small and medium enterprises (SMEs) in the districts of Kasese, Bushenyi, Mitooma, Hoima, Kabarole, Bunyangabu and Bundibugyo. [10]
HNAC Technology Company Limited from China will be responsible for the civil and hydro-mechanical works. Ossberger GmbH from Germany will be responsible for the design, manufacture, supply, and installation of the electromechanical components. The project is co-financed by the Government of Uganda and the ORIO Infrastructure Fund. The government of the Netherlands provided a grant of €13.1 million towards this project. [10]
Burning of renewable resources provides approximately 90 percent of the energy in Uganda, though the government is attempting to become energy self-sufficient. While much of the hydroelectric potential of the country is untapped, the government decision to expedite the creation of domestic petroleum capacity coupled with the discovery of large petroleum reserves holds the promise of a significant change in Uganda's status as an energy-importing country.
The Electricity Regulatory Authority (ERA) is a government agency that regulates, licenses, and supervises the generation, transmission, distribution, sale, export, and importation of electrical energy in Uganda.
The Ministry of Energy and Mineral Development, also Ministry of Energy, Oil and Mineral Development is one of the governmental bodies of Uganda. The ministry has the function of developing and implementing policies related to electricity, minerals, petroleum and petroleum products. The ministry is part of the national cabinet and is headed by a cabinet minister. The current Cabinet Minister of Energy is [Hon. Ruth Ssentamu Nankabirwa].
The Uganda Development Bank Limited (UDBL) is a government-owned development financial institution in Uganda.
Nyagak III Power Station is a 6.6 megawatts (8,900 hp) mini hydroelectric power project, under construction in Uganda.
The Ministry of Trade, Industry and Cooperatives (MTIC) is a cabinet level ministry of the government of Uganda. The mission of the ministry is to "develop and promote a competitive and export-driven private sector through the acceleration of industrial development", with the ultimate objective being the growth of the Ugandan economy. The ministry is headed by Minister Francis Mwebesa, who was appointed by the president.
The Ministry of Works and Transport is a Cabinet level government ministry of Uganda, that is mandated to plan, develop and maintain an economic, efficient and effective transport infrastructure, and transport services by road, rail, water, and air. The ministry is also mandated to manage public works including government structures and promote standards in the construction industry. The ministry is headed by a Cabinet Minister. The current Minister of Works and Transport is Katumba Wamala.
Tororo Solar Power Station, also Tororo Solar North Power Station, is a 10 megawatts (13,000 hp) solar power plant in Uganda, the third-largest economy in the East African Community.
The Soroti Power Station is a 10 MW (13,000 hp) solar power plant in Uganda. It was the largest grid-connected, "privately-funded solar power plant in Sub-Saharan Africa, outside of South Africa" at its commissioning and until the Pilot Solar Power Plant (20MW) of The Xsabo Group in Kabulasoke in Central Uganda was completed and commissioned in January 2019.
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The Uganda Electricity Transmission Company Limited (UETCL) is a parastatal company whose primary purpose is to make bulk electricity purchases and transmit the electricity along high-voltage wires to local and foreign distribution points. UETCL is the sole authorized national bulk energy purchaser and the sole authorized electricity importer and exporter in Uganda.
The Xsabo Group's Pilot Solar Power Plant in Kabulasoke, also known as Kabulasole Solar Power Station or Namulaba Solar Power Station, is a 20 MW (27,000 hp) solar power plant in Uganda.
The JLOS House Project, is a three-component government office development project under construction in Uganda's capital city of Kampala. The buildings are intended to house the offices of the Justice, Law and Order Sector (JLOS). The three components of the project are:
The Ministry of Health is a cabinet-level government ministry of Uganda. It is responsible for planning, delivering, and maintaining an efficient and effective healthcare delivery system, including preventive, curative, and rehabilitative services, in a humane, affordable, and sustainable manner. The ministry is headed by Minister of Health Jane Aceng.
The Ministry of ICT and National Guidance is a cabinet ministry of Uganda. The ministry is headed by Chris Baryomunsi.
Specioza Kimera Ndagire, is a Ugandan businesswoman, and corporate executive, who was the managing director of Uganda Energy Credit Capitalisation Company (UECCC), a Uganda government parastatal company that coordinates funding from the Ugandan government, international development partners and the private sector, for investment in renewable energy infrastructure in Uganda.
Uganda National Pipeline Company (UNPC), whose official name is National Pipeline Company Uganda Limited (NPCUL), is a Ugandan private limited liability company that is a 100 percent subsidiary of the Uganda National Oil Company (UNOC). UNPC was incorporated under the Companies Act of 2012, with the main objective being to hold the Uganda Government's interest in the crude oil, petroleum products and natural gas pipelines together with storage facilities and associated infrastructure, within the country's nascent petroleum industry.
Uganda Refinery Holding Company (URHC), is a government of Uganda-owned parastatal company, that is a 100 percent subsidiary of the Uganda National Oil Company, whose purpose is to hold the shareholding in the Uganda Oil Refinery and related infrastructure, that is assigned to the Ugandan government. The company was incorporated as a private limited liability company, under the Companies Act of 2012.
The Busitema Solar Power Station is a 4 megawatts (5,400 hp) solar power plant in Uganda.
