Geothermal Power in Kenya

Delphos served as a financial advisor to Ormat International, Inc, who was awarded a “build, own, and operate” contract to develop a 48 MW geothermal power project in the Kenyan East Rift Valley, as a part of the government of Kenya’s efforts to increase the country’s electricity generating capabilities. Delphos arranged political risk insurance for Ormat’s equity investment through the Multilateral Investment Guarantee Agency (“MIGA”) and insurance for the project’s commercial lenders.

Details

Category

  • Power

Client Name

Ormat-Olkaria

Services Provided

  • Capital Raising

Region

  • Sub-Saharan Africa

Country

  • Kenya