Menengai 105MW geothermal power plants

24/5/2016
Project development

$ 250 million

Announced

24/5/2016


Overview:

  • Menengai 100MW geothermal power plants.
  • Three separate geothermal power projects are being developed in Menengai in the Great Rift Valley which will generate a combined 105MW of power.
  • The project is being developed by the Geothermal Development Company and investors include Quantum Power East Africa, Orpower Twenty Two (A consortium of Ormat, Civicon and Symbion) and Sosian Energy. 
  • Instead of private investors taking on the risk associated with steam exploration, the Geothermal Development Company works on government owned land, develops the steam gathering system and supplies steam to the independent power producer.
  • The projects were delayed in 2015 due to a lack of state guarantees.

Anna Kozakova - Journalist 

Jurisdiction:

Kenya

Deal type:

Project development

Practice area:

Project development

Industry sector:

Energy


Firm:

Party: Quantum Power (Sponsor)

Party: Ormat (Sponsor)

Party: Transcentury (Sponsor)

Party: Symbion Power (Sponsor)

Party: Sosian Energy (Sponsor)