Kajiado Wind Power Station

The proposed Kajiado Wind Power Station, also Kipeto Wind Power Project, is a potential 100 megawatts (130,000 hp) wind-powered electricity power station in Kenya.[1]

Kajiado Wind Power Station
Location of Kajiado Wind Power Station in Kenya
CountryKenya
LocationKiserian, Kajiado County
Coordinates01°26′40″S 36°39′15″E
StatusPlanned
Commission dateTBD (Expected)
Owner(s)Kipeto Energy Limited
Thermal power station
Primary fuelWind power
Power generation
Nameplate capacity100 megawatts (130,000 hp)

Location

The power station would be located in the foothills of Ngong Hills, in Kajiado County, approximately 30 kilometres (19 mi), by road, southwest of Nairobi, the capital and largest city in the country.[2]

Overview

The power station was originally owned by a consortium of investors, financiers and interest groups, including the International Finance Corporation, and a local community trust.[3] In July 2015, Kipeto Energy Limited, the owner/operator of the power station, signed a renewable 20 year power purchase agreement with Kenya Power, the national electricity distributor and retailer.[4] In December 2018, Actis Capital of the United Kingdom, acquired majority shareholding in the special purpose vehicle company, for an undisclosed sum.[5]

Ownership

Kipeto Energy Limited (KEL) is the special purpose vehicle created by the consortium of shareholders, to construct, operate and manage the power station. The shareholding in KEL, before December 2018, was as depicted in the table below:[6]

Kipeto Energy Limited Stock Ownership Before December 2018
RankName of OwnerPercentage Ownership
1African Infrastructure Investment Fund II55.0
2Craftskills Wind Energy International Limited20.0
3International Finance Corporation20.0
4Kipeto Local Community Trust05.0
Total100.00

As of December 2018, the shareholding in Kipeto Energy Limited is as illustrated in the table below.[5]

Kipeto Energy Limited Stock Ownership After 18 December 2018
RankName of OwnerPercentage Ownership
1Actis Capital LLP of the United Kingdom88.0
2Craftskills Wind Energy International of Kenya12.0
Total100.00

Construction and financing

In January 2016, KEL contracted the Chinese company "China Machinery Engineering Corporation" to perform engineering design, procurement and construction (EPC) of the wind farm, at a contract price of KSh22.6 billion (approx. US$225 million). The Overseas Private Investment Corporation (OPIC) has committed to lend $233 million (Sh24 billion) towards this project. The American conglomerate General Electric Wind Energy, was contracted in December 2018 to supply 60 GE 1.7-103 wind turbines for the power station.[7][6] In August 2018, the Kipeto Wind Energy Company, represented by Kenneth Namunje and Overseas Private Investment Corporation, represented by Ray Washburne, signed a definitive loan agreement for US$237, from OPIC to Kipeto Energy for the construction of this power station. The ceremony, that took place in Washington DC on 27 August 2017, was witnessed by Uhuru Kenyatta, the president of Kenya and Wilbur Ross, the United States secretary of commerce.[1]

See also

References

  1. Presidential Security Communications Unit (PSCU) (27 August 2018). "Kenya Inks Sh23 Billion Deals With US Firm". Daily Nation. Nairobi. Retrieved 27 August 2018.
  2. GFC (28 January 2016). "Distance between Nairobi, Kenya and Kiserian, Kajiado, Kenya". Globefeed.com (GFC). Retrieved 28 January 2016.
  3. Omondi, George (20 November 2013). "Kajiado wind power farm gets Sh17 billion boost". Business Daily Africa. Nairobi. Retrieved 28 January 2016.
  4. "Kenya Power signs 100MW wind energy purchase deal with US firm". Business Daily Africa. 29 July 2015. Retrieved 30 October 2018.
  5. Okoth, Edwin (18 December 2018). "Actis closes Kipeto Wind power financing deal". Business Daily Africa. Nairobi. Retrieved 18 December 2018.
  6. Gachiri, John (29 January 2016). "China firm wins Sh22.6 billion tender to build Kipeto wind power plant". Business Daily Africa. Nairobi. Retrieved 29 January 2016.
  7. "American giant GE to supply wind turbines for 100MW Kipeto plant". Energy Siren. 2018-12-18. Retrieved 2019-03-16.
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