Uganda runs on 2,099 MW today — 95% of it renewable — and the Government's ambition is 13,644 MW by 2030. Closing that gap is a EUR 15.5 billion investment agenda, with EUR 8.2 billion to be mobilised from private capital.
Bankable 20-year PPAs, a curated project pipeline and a full EU de-risking stack put European investors first in line. The Uganda–EU Business Forum 2026 is where that pipeline meets European capital, technology and engineering.
Sources: MEMD · National Energy Compact (Mission 300) · ERA REFiT Schedule
The Opportunity
Uganda's renewable energy investment case is not theoretical. It is grounded in policy, regulation, revenue frameworks and EU support infrastructure that reduce risk and accelerate time to return.
Standardised PPAs with UETCL — a government-backed bulk purchaser — eliminate off-take risk for 20 years, with currency and inflation protections embedded. REFiT tariffs sit above each technology's levelised cost.
The Investment Code Act (2019) guarantees protection against expropriation, free profit repatriation and ICSID dispute resolution — plus a One-Stop Centre issuing an Investment Licence in 48 hours at no cost.
EFSD+ guarantees, EIB co-financing, KfW GET FiT premiums and MIGA political risk insurance form a blended package available exclusively to EU-backed projects — reducing cost of capital by 200–400 bps.
EAC, COMESA and AfCFTA membership plus the Eastern Africa Power Pool mean generation projects can export power regionally, diversifying revenue well beyond the domestic PPA.
DTAs in force with Denmark, Italy, the Netherlands, Norway and the United Kingdom substantially reduce tax on dividends, interest and royalties repatriated to European parent companies.
Free on-demand services: regulatory navigation, due diligence on Ugandan counterparts, facilitated authority introductions and Deal Room matchmaking. EU investors are not entering Uganda alone.
Focus Sectors
Three sectors anchor the Forum's investment pipeline. Each has its own project list, tariff framework and European capability match. Open a sector to see the detail.
Fleet optimisation plus new small and large hydro on the Nile and in the Western Highlands. Run-of-river sites, EPC contracting and turbine technology.
Explore hydropowerAn early-stage frontier along the Western Rift. Exploration drilling, resource assessment and steam-field development — first-mover territory for European operators.
Explore geothermalNewly mapped wind resource with measurement campaigns underway. Turbine supply, resource assessment and hybrid wind–solar–storage configurations.
Explore windEU support extends across the whole energy value chain — and European development finance institutions already have an active track record in every one of these segments in Uganda.
