[Source: Kenyan Wall Street, by Eunniah Mbabazi]
Norfund, Norwegian State-owned investment company, together with its partner Scatec Solar have withdrawn from the Rumuruti Solar Park, which was to be built in Laikipia. The company was the project’s key financier and project technical partner.
Their exit leaves the project with only the proponent, Kenergy Renewables, which already has a 20-year Power Purchase Agreement (PPA) with Kenya Power…
