News
15 December 2022

Globeleq seals debt funding for Menengai geothermal project in Kenya

In:
Renewables
Region:
Middle East & Africa

Globeleq has signed financing agreements with the African Development Bank, Finnfund and TDB for the $72 million debt funding for the 35MW Menengai geothermal project in Nakuru County, Kenya.Globeleq, which is owned 70% by British International Investment and 30% by Norfund, is providing equity,...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Video
21 July 2025

20 minutes with Jorge del Solar, EllisDon

Proximo talks to Jorge del Solar, head of international business development at EllisDon, about EllisDon’s expansion into new markets such as the US and the company’s strategy...

Interview
22 July 2025

Corporate Perspectives: HDF Energy’s Geze rises high on...

Mathieu Geze, executive director, Asia Pacific at HDF Energy advocates that green hydrogen is not hot air, particularly in Asia. HDF Energy’s progress in Indonesia using its...