Kenya: Financial close for Kipeto wind

Issue 383 - 20 Dec 2018 | 1 minute read

Kipeto Energy Ltd reached financial close on 17 December at its 102MW wind power project in Kajiado County. The announcement followed finalisation of the sale of 88% of the project company to UK-based private equity company Actis LLP, which acquired the stakes held by IFC InfraVentures and African Infrastructure Investment Managers (AIIM). It also acquired part of the stake of original developer Craftskills Wind Energy International, which holds the remaining 12%.

Tagged with:

Pin Power, Strategy & risk

Pin Kenya

Want to read more?

Subscribe to African Energy

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map