The Standard | Macharia Kamau and Frankline Sunday
In its quest to build the largest electricity production plant, Amu Power picked up a number of backers over the last decade.
The firms willing to put resources in the Lamu coal power plant ranged from one of the largest commercial banks in the world to a key development finance institution. They spanned Asia, Africa and North America.
Among them was China’s ICBC Bank which was to lend about half of the Sh200 billion to build the plant…
