Jubilee Holdings Limited (NASE:JUB) acquired an additional 9.44% stake in Bujagali Energy Limited from SN Power AS for $40 million on June 30, 2020. After transaction Jubilee Holdings will hold 18.24% stake and SN Power will hold 55.45% stake in Bujagali Energy. Jubilee Holdings Limited (NASE:JUB) completed the acquisition of an additional 9.44% stake in Bujagali Energy Limited from SN Power AS on June 30, 2020.