Lake Turkana Wind Power Project - Sub Debt Tranche


Overview

  • Reference: P-KE-FZ0-005
  • Approval date: 26/04/2013
  • Start date: 24/07/2015
  • Appraisal Date: 23/07/2011
  • Status: ApprovedAPVD
  • Implementing Agency: LAKE TURKANA WIND POWER
  • Location: KENYA

Description

The Project involves the construction and operation of a 300 MW wind farm near Lake Turkana in the Great Rift Valley, in north-western Kenya. The wind farm will comprise 365 turbines of 850KW capacity each.


Benefits

The main objective of the project is to provide clean, reliable, low cost power by increasing the national installed power by approximately 17%. Average electricity production of the Project is estimated at 1,440 GWh per year and will be sold to the grid at a price of EURcents7.52 per Kwh. The Project will be the largest wind power project in Africa.


Key contacts

JABBA Rafael Jose - OPSD4


Costs

Finance source Amount
ADBEUR 4,322,904
Co-financierEUR 47,551,940
DeltaEUR 51,874,843