Annual Report 2016

 

Over the past year, GET FiT Uganda has taken several considerable steps towards full materialization of its project portfolio. As perhaps one the most important highlights of 2016, eight projects managed to reach financial close with their lenders in 2016, thus bringing the total up to 11 out of 17 projects. This effectively means that in terms of installed generation capacity (MW), 63 percent of the portfolio is now financially secured. This, combined with the equally important fact that 74 percent of the portfolio is now under construction or commissioned (12 out of 17 projects), bodes for great optimism going into the final years of Program implementation.

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