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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 […]
...The Eastern and Southern African Trade and Development Bank Group (TDB Group) has signed a Memorandum of Understanding (MoU) with Finnfund, a Finnish development financier and impact investor, to promote investments that contribute to the UN sustainable Development Goals (SDGs) in key projects in TDB member states. The MoU, signed by TDB Group President Emeritus […]
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