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Eldosol Solar Plant

Sector: Power Generation (CCGT) • Location: Kenya

Source: World Bank Group

Project
Active

The project entails the construction of a 40 MW solar plant in Plateau area, close to Eldoret City in the North-Western part of Kenya. Sponsors of the project are Frontier Capital Management, two of his subsidiaries ( Selenkei Investment and Cedate), Interpro International and Paramount Bank. They provide $ 24.6 million in equity. Debt of $ 51 million is split between FMO and EIB. PPA has a term o

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The project “Eldosol Solar Plant” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Kenya. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The project entails the construction of a 40 MW solar plant in Plateau area, close to Eldoret City in the North-Western part of Kenya. Sponsors of the project are Frontier Capital Management, two of his subsidiaries ( Selenkei Investment and Cedate), Interpro International and Paramount Bank. They provide $ 24.6 million in equity. Debt of $ 51 million is split between FMO and EIB. PPA has a term of 20 years. The plant is expected to decrease the amount of CO2 emissions by 53,000 tCOeq/annum. Financial close took place on February 14, 2019. http://frontier.dk/eldosol-solar-pv-project-kenya/ https://www.cdcgroup.com/en/our-investments/underlying/eldosol-energy-ltd/ https://ijglobal.com/data/transaction/43568/eldosol-and-radiant-pv-solar-plants-80mw https://www.africa-energy.com/live-data/article/kenya-solar-projects-sign-ppas

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High

Data quality score

100%

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