Prime
Bujagali hydropower project in Uganda. TotalEnergies has signed an agreement that will see it acquire a 28.3 per cent stake in the hydropower plant. PHOTO | MORGAN MBABAZI
By ISMAIL LADU
TotalEnergies has signed an agreement with Bujagali Energy Ltd as part of its plans to invest in energy projects, particularly renewable energy.
The deal will see the oil company acquire a 28.3 per cent stake in the hydropower plant located in Jinja, 80km east of Kampala.
