Company Overview
The Uganda Energy Credit Capitalisation Company (UECCC) isΒ Β aΒ Β GovernmentΒ Β Β institution set up under the Companies Act as a CompanyΒ Β Limited by Guarantee and not having share capital. It was operationalised in 2009 primarily to facilitate investments in Ugandaβs Renewable Energy Sector, with a particular focus on enabling private sector participation.
The CompanyβsΒ Β mainΒ Β objectiveΒ Β is to provide financial, technical and other support for Renewable Energy Projects and Programmes.
UECCC is also the administrator of the Uganda Energy Capitalisation Trust (βThe Trustβ) which is a framework for pooling resources from Government and Development Partners for the development of Renewable Energy Projects.
In line with National Development Plan (NDPIII) Sustainable Energy Programme objectives that include amongst others; Increase access and utilization of electricity, Increase adoption and use of clean energy and Promotion of utilization of energy efficient practices and technologies, UECCC is implementing various financing programmes to contribute to the achievement of the above.
Shareholders
- Ministry of Finance, Planning and Economic Development represented by the Minister.
- Ministry of Energy and Mineral Development represented by the Minister.
- Private Sector Foundation of Uganda (PSFU) represented by the Chairman