News
31 January 2025

MIGA backs Kenya’s geothermal, solar growth

In:
Renewables
Region:
Middle East & Africa

MIGA issued $49.5 million in guarantees to Globeleq Africa for its investments in Globeleq Menengai Geothermal and Malindi Solar Group Limited of Kenya. The guarantees cover the risk of breach of contract for up to 20 years for the Menengai Geothermal project and 17 years for the Malindi Solar...

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