Kaptis hydropower project, Kenya
Name of the Project
Kaptis hydropower project.
Location
Western Kenya.
Project Owner/s
Tembo Power, Metier and WK Power.
Project Description
The project entails the construction of a 14.7 MW run-of-river hydropower project.
Potential Job Creation
Not stated.
Capital Expenditure
The project will require $30-million in debt financing to bring it through the final design, planning and construction phase. Ninety One SA, formerly Investec Asset Management, will act as mandated lead arranger for the financing of the project.
Tembo Power, together with its partners Metier and WK Power, will inject about $14-million in equity.
Planned Start/End Date
Tembo Power aims to have the new plant operational in late 2022.
Latest Developments
None stated.
Key Contracts and Suppliers
None stated.
Contact Details for Project Information
Tembo Power, tel +230 404 3900 or email info@tembopower.com.
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