The Standard | by Macharia Kamau
CDC, the UK development finance institution, is making a foray into Kenya’s geothermal electricity sub-sector.
It has acquired one of the firms that have been contracted to put up power plants at the Menengai geothermal fields. Through its Africa focused energy firm Globeleq, CDC has acquired a controlling stake in Quantum Power East Africa GT Menengai (QPEA).
QPEA is among three firms that were awarded contracts by Geothermal Development Company (GDC) to develop power plants in Menengai…
