THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research.
BII Joins Norfund-Scatec JV To Build 205MW Hydropower Project In DRC
- 27 Jun 2022
- Congo (DRC)
- Infrastructure
News: British International Investment has unveiled plans to join a joint venture between Norfund and Scatec to develop a 205MW hydroelectric power plant in the Democratic Republic of Congo. Called Ruzizi III, the power plant will be located on the Ruzizi River with financial close expected by the end of 2022. Construction work is likely to start in 2023 with operation due for 2027 (Enerdata).
This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 ('FSG'). FSG is an affiliate of Fitch Ratings Inc. ('Fitch Ratings'). FSG is solely responsible for the content of this report, without any input from Fitch Ratings.