ATIDI to Underwrite a $7.7 Million Hydro Project in Burundi – Kenyan Wall Street

The African Trade Insurance Agency (ATIDI) has given insurance cover to support the $7.7m Songa Energy’s 1.65 MW run-of-the-river hydro project on the Ruvyironza River in Burundi.

• This will be the 2nd renewable energy IPP to connect to the national grid in Burundi, with the first being a 7.5 MW solar project that was also supported by ATIDI.
• The project began construction shortly after a…