This is the direction we should move in terms of power generation , the current power generation is 1,300mw , and in the next 60months we plan to add an additional 5,000mw in the grid increasing Our output to 6,300mw approximately , my concern is and any power economist will tell You it is very risky to have 1 power plant contributing to 10% of Your total energy output mainly because when the plant is down Your grid output will be less by a massive 10% . That is why it will be wise for the government to have split the project to 2 x 400mw so that You have 2 different IPP Players.

This bond was done by CFC too...good value apart from the redemption features.

AFDB invests additional KES 2.4bn for wind power.

The African Development Bank has issued KES 2.4bn guarantee for part of the Lake turkana wind project which is set to start next year April. The project had stalled after World Bank pulled out of the project which included construction of the 428km transmission lines by Kenya Electricity Transmission Company from base stations to the national grid. This investment brings the pan-African development financier’s total exposure in the project to KES 16 billion inclusive of an earlier development loan. The project is expected to produce the first 50 megawatts by March 2016 with full production expected a year later. Electricity produced from this project will be sold to the national grid at KES8.86. The AfDB, Standard Bank and Nedbank Capital are the lead transaction advisors in the project. Another large renewable energy project is the 60.8 megawatt wind park to be located in Kinangop, Nyandarua County. Aeolus Kenya is constructing the Sh13 billion plant with CFC Stanbic Bank and Norfund providing in KES 9.7bn debt and KES 5.2 billion equity respectively. Business Daily