Uganda Energy Credit Capitalisation Company

Uganda Energy Credit Capitalisation Company
Agency overview
Formed 2009
Jurisdiction Government of Uganda
Headquarters Amber House, 3rd Floor
29-33 Kampala Road
Kampala, Uganda
Agency executives
Parent agency Uganda Ministry of Energy and Mineral Development
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]

Location

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]

Overview

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]

See also

References

  1. UECCC (30 August 2016). "Members of the Board of Uganda Energy Credit Capitalisation Company". Kampala: Uganda Energy Credit Capitalisation Company (UECCC). Retrieved 30 August 2016.
  2. World Bank (23 March 2015). "Energy for Rural Transformation Project II Identification Number 4554-UG Amendment to Project Agreement" (PDF). Washington, DC, USA: World Bank. Retrieved 30 August 2016.
  3. 1 2 UECCC (30 August 2016). "About Uganda Energy Credit Capitalisation Company". Uganda Energy Credit Capitalisation Company (UECCC). Retrieved 30 August 2016.
  4. Google (30 August 2016). "Location of the Headquarters of Uganda Energy Credit Capitalisation Company" (Map). Google Maps. Google. Retrieved 30 August 2016.
  5. TEUT (2 October 2012). "Uganda Energy Credit Capitalisation Company: Reliable Local Partner for Renewable-Energy Projects". The European Times (TEUT). Retrieved 30 August 2016.
  6. 1 2 UECCC (20 August 2016). "Uganda Energy Credit Capitalisation Company: Products & Services". Kampala: Uganda Energy Credit Capitalisation Company (UECCC). Retrieved 30 August 2016.
  7. Advertisement. "Uganda Energy Credit Capitalisation Company: Pre-Qualification of Solar Companies & Dealers To Supply and Install Solar Photo-Voltaic (PV) Systems Under UECCC Programmes" (PDF). New Vision. Kampala. Retrieved 30 August 2016.
  8. Advertisement (19 November 2012). "Consultancy Firm to Provide Early Stage Transaction Services to Independent Power Producers" (PDF). Daily Monitor. Kampala. Retrieved 30 August 2016.

Coordinates: 00°18′48″N 32°34′55″E / 0.31333°N 32.58194°E / 0.31333; 32.58194

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