Financial Close

Financial close has been reached for the USD 117 million financing to Globeleq by the African Development Bank (AfDB) as mandated lead arranger (MLA), the Eastern and Southern African Trade & Development Bank (TDB), and Finnfund, for the 35MW Menengai geothermal plant in Nakuru, Kenya. This greenfield geothermal project broke ground earlier this year, and is part of the first […]

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