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,...

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