InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has signed an agreement with lead developer Joule Africa to provide $6 million of funding to the 143MW Bumbuna Hydro II initiative in Sierra Leone. The funding forms part of a package involving the private sector and development finance institutions designed to ensure that Bumbuna Hydro II can go the “last mile,” reaching construction and operations to deliver year-round, renewable baseload power in Sierra Leone. Bumbuna Hydro II is expected to begin construction in 2021. Bumbuna Hydro II is expected to have a tremendously positive impact powering sustainable economic development in Sierra Leone.”Bumbuna Hydro II projectThe ambitious project is being delivered by experienced renewables developer, Joule Africa, through local project company, Seli Hydropower. Located on the Upper Seli River, 230km north east of Sierra Leone’s capital, Freetown, the Bumbuna Hydro II project will enable distribution of significant additional power to the national grid.

Source: The North Africa Journal July 22, 2020 08:03 UTC