News
07 June 2019

Globeleq reaches financial close on 40MW PV project in Kenya

In:
Renewables
Region:
Middle East & Africa

African power sector company Globeleq has reached financial close on the $69 million 40MW Malindi Solar PV project in Kenya and is commencing construction of the plant.CDC, the UK’s development finance institution, served as the mandated lead arranger, sourcing $52 million in debt financing,...

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


Interview
02 April 2026

KEXIM adapts to support the project cycle

Proximo spoke with Sang-Jin Ju, KEXIM’s executive director of project finance, to outline the ECA’s activity and how its adapting support to Korean EPCs in overseas PPP...

Perspective
17 April 2026

Chamonix Infrastructure: The CLO as integrated distribution

A debut project finance loan securitisation from Natixis has a fresh geographical focus. It also points to a way for banks to integrate CLOs into their distribution strategy