KENGEN's $200Million Infrastructure Bond
Kengen, Kenya's main power generator, is in the process of issuing a $200MM infrastructure bond to increase power generation capacity. This bond creates many opportunities for players in the energy sector.
Kengen proposes to bring 37.5MW of new Geothermal power and 140MW of hydro by 2010. 15MW of wind and 21MW of new hydro by 2011, 280MW of Geothermal and 32MW of hydro by 2012 and 600MW of coal and 50MW of wind by 2014. Incredibly ambitious plans considering the development time particularly of large hydro and of geothermal. What is most exciting is that with the exception of the 600MW of coal, all other planned projects are from renewable sources.
For players in the energy sector, this presents a portfolio of opportunities from consulting to equipment sales to project development.
If you are interested in the complete Infrastructure Bond document, please email us at info@energy-kenya.com with your company name and area of interest and we will email it out to you.
Reader Comments
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Mike Hess
September 18, 2009 9:23 PM | Permalink
I believe that the Mariah Power approach to distributive power and the creation of microgrids could significantly help Kenya. You do not have to spend money only on very large projects to reach a great economic solution.You need to have a broad range of solutions as there is no one size fits all answer to the problem. We can provide energy and jobs in Kenya if we approach this correctly.
Requires real partners and an orientation that making the local solution economical and best of class is more important that the politics of big energy.
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