Kenya: Kipeto Energy signs PPA for 100MW wind farm
Issue 325
- 10 Jun 2016
| 1 minute read
Kipeto Energy announced on 2 June that it has signed a 20-year power purchase agreement (PPA) with Kenya Power for a 100MW wind power project in Kajiado County. The PPA was first initialled on 28 July 2015 during US President Barack Obama’s visit to the country. Financial close and the start of construction are expected in the second half of 2016. Kipeto Energy is owned by African Infrastructure Investment Managers, Kenyan independent power producer developer Craftskills Wind Energy International, and the International Finance Corporation’s IFC Infraventures.
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