Kenya: KenGen appoints financial adviser
Issue 251
- 05 Apr 2013
| 1 minute read
Kenya Electricity Generating Company (KenGen) has signed a contract with a consortium of banks to act as financial arranger and adviser. KenGen has embarked on an expansion programme to raise installed capacity to 3,000MW by 2018 from 1,236MW now, to meet demand rising at 8%/yr. This is projected to cost some $5bn.
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