Rwanda: KP1 seeks buyer
Issue 320
- 24 Mar 2016
| 1 minute read
Rwanda’s Commercial High Court has placed the Kibuye Power 1 (KP1) plant in Gisenyi into liquidation over unpaid debts, and the liquidators are inviting expressions of interest from potential buyers for the gas extraction platform and other assets. KP1 was designed as a 5MW pilot project to demonstrate the viability of methane-to-power schemes (AE 246/11). Developer Dane Associates is involved in a long-running legal battle with the government which has now been referred to international arbitration.
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