Symbion Power Lake Kivu Limited (MIGA-9d7d6595a5)

  • Rwanda
Where the impacts of the investment may be experienced.
Financial Institutions
  • Multilateral Investment Guarantee Agency (MIGA)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Feb 1, 2019
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Symbion Power Mauritius Ltd.
The holder of the loan, grant, or other investment.
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Primary Source

Original disclosure @ MIGA website

Updated in EWS Mar 7, 2019

Disclosed by Bank Dec 21, 2018

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Project Description

MIGA has been approached by Symbion Power Mauritius Ltd. to cover its equity investment to Symbion Power Lake Kivu Limited (SPLK), which is a special purpose vehicle established to develop the Kivu 56 Power Plant (Kivu 56 or the Project). The Project involves the design, construction, operation and maintenance of four off-shore gas extraction facilities (GEF) on Lake Kivu, an on-shore gas processing facility, pipelines connecting the GEFs to the on-shore facility (together, the Gas Plant), a 56 MW gas power plant, and ancillary infrastructure including a transmission line and a 600 m access road. The Project is located on the Rwandan side of Lake Kivu in Rubavu District on a peninsula near Busoro, approximately 10 km south of Rubavu and 150 km from Kigali. The GEFs will be constructed as floating platforms tethered to the bottom and located approximately 2 km from the nearest shore, and 5 km from the Project's on-shore facilities.


Investment Description
Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Symbion Power Mauritius Ltd Parent Company -

Contact Information

No contact information provided at the time of disclosure


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