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    Signature(s)

    Amount
    € 10,629,251.7
    Countries
    Sector(s)
    Uganda : € 10,629,251.7
    Energy : € 10,629,251.7
    Signature date(s)
    27/07/2020 : € 10,629,251.7
    Link to source

    Summary sheet

    Release date
    30 September 2019
    Status
    Reference
    Signed | 27/07/2020
    20180642
    Project name
    Promoter - financial intermediary
    OFF-GRID SOLAR UGANDA ACCELERATION
    FENIX INTERNATIONAL UGANDA LTD
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    USD 12 million (EUR 11 million)
    USD 25 million (EUR 23 million)
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    The project will finance Fenix International's deployment of solar home systems in Uganda.

    The solar home systems are composed of a solar panel, a central unit (including battery storage, an energy management system/ charge controller and communication technology) and several appliances and will be sold on a payment plan basis to individual beneficiaries located in Uganda under pay as you go contracts.

    Environmental aspects
    Procurement

    The operation is expected to have overall significant positive environmental and social impact by providing clean energy to households that are currently un-served or under-served by the grid and mostly reliant on polluting and dangerous energy sources. Limited negative environmental impacts could arise from health & safety issues related to the inappropriate handling of batteries (notably at the time of disposal) and disposal of old devices (e.g kerosene lanterns, candles, flashlights and generators for lighting). Considerable e-waste is only expected to arise from the operation in five to seven years and the promoter is looking into potential process of e-waste handling schemes in the country/in the region, to ensure the maximisation of the re-use of some components, whilst ensuring the appropriate handling of more polluting items like batteries.

    The promoter will have to ensure that the implementation of the project will be done in accordance with the EIB's Guide to Procurement.

    Link to source

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - OFF-GRID SOLAR UGANDA ACCELERATION
    Publication Date
    24 Dec 2019
    Document language
    Main Topic
    Lending
    Document Number
    123372833
    Document Focus
    Environmental Information
    Project Number
    20180642
    Sector(s)
    Countries
    Publicly available
    Download now

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