December 2018

London-based private equity firm Actis has taken control of the 100-megawatt Kipeto Wind Power project in Kenya, after successfully buying out most of the project’s shareholders. Kipeto Energy Ltd (“Kipeto”) announced it has reached financial close following the acquisition by Actis of the respective equity interests of IFC, a member Read more…

Across the world, efforts are being stepped up to develop energy sources beyond fossil fuels. Geothermal energy, generating electricity from hot rocks under the Earth’s surface – has huge potential to provide power while reducing carbon emissions. Link: https://www.aljazeera.com/news/2018/12/kenya-shows-world-producing-geothermal-power-181209105803315.html