KenGen to raise $1.95 billion, to double power output

geothermal power station, kengen, gdc
[Image source: Think Geo Energy]


Kenyan Wall Street | by Eunniah Mbabazi


Kenya Electricity Generating Co. (KenGen) has announced plans to raise $1.95 billion in an effort to build new, as well as upgrade existing plants in a bid to almost double its power output from renewable fuel.

The company is planning to add 651 megawatts from underground steam in the next 5 years…

Read more…

 


LEAVE A REPLY

Please enter your comment!
Please enter your name here