Lake Turkana wind

Danish fund finalises sale of stake in Kenya’s Lake Turkana wind farm

Issue 501 - 01 Mar 2024 - By Marc Howard | 2 minute read

The sale by Denmark’s Investment Fund for Developing Countries of a minority stake in the successful Lake Turkana IPP to a fund managed by BlackRock shows big institutional investors can be attracted to sub-Saharan renewables – and the returns that can be made by those willing to shoulder early-stage risks.

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