Sosian Menengai III Geothermal

Sosian Energy Menengai Geothermal Project - DBSA Financing

Industry
Renewable energy/Geothermal
Area of finance
Project & Infrastructure Finance
Region
Africa
Africa
Countries
Kenya

Project Overview

DBSA has signed a 12-year $68 million (ZAR1.2 billion) loan agreement with Kenyan independent power producer Sosian Energy in a bid to boost the country’s renewable energy capacity. The DBSA said the loan to Sosian would help it generate 10MW of additional capacity to the 35MW of renewable...

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Deal Volume
$66.08m
Financial Close
18/07/2024
Dealmakers
Nes Ruwo

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Lungile Tom

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Hildabertha Kundu

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Maxoli Njoli

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Project Deals

Menengai Geothermal Project (35MW)
$108m
Greenfield
Geothermal
Africa
Africa
Kenya