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Browsing: Menengai geothermal project in Kenya
- ATIDI supports the 35MW greenfield geothermal project in Kenya with its Regional Liquidity Support Facility (RLSF).
- The project, the first to be considered for RLSF cover in Kenya, is set to benefit from ATIDI’s liquidity instrument which will cover the risk of payment default by public entities: Geothermal Development Corporation and Kenya Power.
- Kenya’s power sector benefits from an active private sector and boasts abundant renewable energy resources with hydro, wind, and geothermal projects dominating its energy mix.
Regional Liquidity Support Facility (RLSF)
The African Trade and Investment Development Insurance (ATIDI) and Globeleq Africa Limited, have jointly announced the former’s support for the 35MW Globeleq Menengai Geothermal Project with liquidity cover via the Regional Liquidity Support Facility (RLSF).
RLSF, a joint initiative of ATIDI, the KfW Development Bank and the Norwegian Agency for Development Cooperation (Norad), is a credit enhancement instrument available to renewable energy Independent Power Producers …