Electrical Controls and Switchgear Ltd.
BIO has granted a USD 1 M loan to Electrical Controls & Switchgears, a manufacturer and supplier of electrical switchgear, transformers and panels in Uganda.
Amount
€ 725,111.00
Type of investment
Debt
Development impacts
- Private sector consolidation/innovation
Beneficiary locations
Investment field
Enterprises
Activity
Manufacturing & Services - Electrical products
ECS is a manufacturer and supplier of (low to middle voltage) electrical switchgear and panels in Uganda. These products are essentially the interfacing equipment between the power service utility provider and a final consumer power income in industries, factories, farms and commercial installations.
The investment project concerns the manufacturing of low to middle voltage distribution transformers (11 & 33 kV), which is the final voltage transformation in the electrical power system, stepping down the voltage used in the distribution lines to the level used by the customer. The manufacturing of distribution transformers is an upstream product in ECS portfolio.
Development impacts
-
Private sector consolidation/innovation
The investment serves to set up a new transformer assembly line using state-of-the-art technology.
View more of our investments in this region
Infrastructure
SIMA Commercial & Industrial Solar Green Bond
10,000,000.00
Kenya, Nigeria, South Africa
29/12/2023
Debt
