Energy and Natural ResourcesKenya

Lake Turkana Wind Power Expansion Project

Expansion of Africa's largest wind farm located in Marsabit County, Kenya. The project aims to add 200MW capacity to the existing 310MW facility, leveraging Kenya's strong wind resources and growing energy demand. The expansion will include new turbines, transmission infrastructure, and battery storage systems to enhance grid stability. Kenya's geothermal and wind energy sector is experiencing rapid growth, with strong government support through feed-in tariffs and tax incentives. The project aligns with Kenya's Vision 2030 and commitment to achieve 100% renewable energy by 2030.

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Investment Overview
Capital Required
$450.0M
Expected ROI
14-18%
Timeline
36-48 months
Location
Kenya
Project Description

Expansion of Africa's largest wind farm located in Marsabit County, Kenya. The project aims to add 200MW capacity to the existing 310MW facility, leveraging Kenya's strong wind resources and growing energy demand. The expansion will include new turbines, transmission infrastructure, and battery storage systems to enhance grid stability. Kenya's geothermal and wind energy sector is experiencing rapid growth, with strong government support through feed-in tariffs and tax incentives. The project aligns with Kenya's Vision 2030 and commitment to achieve 100% renewable energy by 2030.

Investment Highlights
  • Strong market fundamentals with proven demand
  • Government support and favorable regulatory environment
  • Experienced local partners with track record
  • Clear exit strategy with multiple options
Sector Information

Sector

Energy and Natural Resources

Market Size

Estimated at $2-5B annually in East Africa

Growth Rate

15-25% CAGR projected through 2030

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