KenGen Looking for a private investor for 140MW Olkaria VI

The Kenya Electricity Generating Company (KenGen) has received funds from JICA to develop 140MW Olkaria V geothermal power project at Olkaria. Currently KenGen is going through the process of selecting a consulting company for this project. However, for its next Olkaria VI power project, KenGen will be looking to joint-venture with a qualified private investor. To do this, KenGen will soon advertise for transaction advisor for this joint venture. It is estimated that Olkaria VI goethermal power station which will be 140MW capacity and cost about US$ 400 million.