Project snapshot - Lake Turkana Wind Project
Sector: Renewable Energy
AfDB and related financing:
The total project cost is estimated at USD 680 million and includes the cost of the envisaged 400 km transmission line from Lake Turkana to the Susua sub-station near Nairobi, as well as the cost of upgrading 200 km of roads and various bridges.
The project will be financed through equity debt (25%), mezzanine debt (5%) and senior debt (70%). As the mandated lead arranger and senior co-lender, AfDB will provide a long-term senior loan of USD 150 million.
- 300 MW wind farm comprising 365 turbines
- A 33 kV electrical collector network
- 428 km transmission line from Lake Turkana to Susua sub-station