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Eldosol Solar Plant

Sector: Solar • 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

Status
Prospective
Sector
Solar, Power Generation (CCGT), Government, Commercial
Location
Kenya
Updated
22 Jul 2026
Source
World Bank Group

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Project Information

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

Participants

Sponsoring Agency

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

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

Original sector

Energy

Budget

Location

Country

Kenya

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Solar, Power Generation (CCGT), Government, Commercial

Article published date

2024-09-19

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