Bujagali Holding Power Company Limited is also an investment vehicle company which through its subsidiary has invested in the equity of Bujagali Energy Limited an electricity generating company in Uganda.

The project with a total capital outlay of $860 million is presently under implementation in Uganda. The project will generate 250 MW of electricity and is expected to come into operation in 2011.

The project is the largest privately financed hydro power project in Africa and was awarded (Africa Deal of the Year 2007) by EuroMoney Project Finance Magazine of London.