Back to Bujagali. Stepping stone for SN Power to expand in Africa
BusinessNovember 14, 2018
The partly aid-financed Norwegian hydropower investor SN Power bought a major stake in Uganda’s Bujagali hydropower project in July. Fifteen years ago, SN Power turned down a World Bank offer to become an owner in the project, but now the company sees its newest acquisition as a stepping stone for expansion in the African market, CEO Torger Lien tells Development Today.
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