Kilwa 348MW gas power plant

15/5/2016
Project development, Project finance

$ 450 million

Announced

15/5/2016


Overview:

  • Kilwa 348MW gas power plant.
  • The Kilwa Energy Company is developing a 348MW combined cycle gas power plant in Tanzania. 
  • The government of Tanzania, through TANESCO (the state-owned electricity utility company) will own a 20% stake in the project.
  • The Development Bank of South Africa, PTA Bank, CRDB Bank and TIB Development Bank are granting financing, on a limited recourse basis, for the project. 

Rani Mehta - Journalist 

Jurisdiction:

Tanzania

Deal types:

Project development
Project finance

Practice areas:

Project finance
Project development

Industry sector:

Energy


Firm:

Party: Kilwa Energy Company (Project developer)

Lawyer: Laura Kiwelu