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Lower Maguduza hydropower project, Eswatini

Image of hydropower plant

25th April 2025

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Lower Maguduza hydropower project.

Location
Eswatini.

Project Owner/s
The project is sponsored and developed by African Clean Energy Developments (ACED), with the IDEAS Fund – managed by African Infrastructure Investment Managers – and the Eswatini Public Service Pensions Fund as shareholders.

ACED will provide construction management services, with sister company Energy Infrastructure Management Services the operations and management contractor, and the operations phase management services provider.

Project Description
The project entails building a 13.5 MW hydropower project, enabling Eswatini to achieve its ambitions of energy security by generating power from its natural resources rather than relying on imports.

Potential Job Creation
Not stated.

Capital Expenditure
R567-million. The project reached financial close in February 2025.

Planned Start/End Date
Not stated.

Latest Developments
None stated.

Key Contracts, Suppliers and Consultants
None disclosed.

Contact Details for Project Information
ACED, tel +27 21 670 1402 or email info@aced.co.za.
 

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

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