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TotalEnergies Acquires a 28.3% Stake in Bujagali Hydro Power Plant.

by Jon Lubwama
TotalEnergies has acquired a 28.3% stake in Bujagali Hydropower Station.
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TotalEnergies has finalized an agreement with Scatec, a Norwegian renewable energy company, to acquire 100% of its subsidiary SN Power, which focuses on renewable hydropower projects in Africa. This acquisition involves a joint venture where Scatec holds a 51% interest in SN Power, in partnership with Norfund and British International Investment (BII). As a result of this deal, which is subject

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About the Author

Jon is an Editor at CEO East Africa.