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    Signature(s)

    Amount
    € 60,000,000
    Countries
    Sector(s)
    Kenya : € 60,000,000
    Energy : € 60,000,000
    Signature date(s)
    27/03/2017 : € 60,000,000

    Summary sheet

    Release date
    26 May 2016
    Status
    Reference
    Signed | 27/03/2017
    20150640
    Project name
    Promoter - financial intermediary
    KENYA POWER DISTRIBUTION LAST MILE CONNECTIVITY
    KENYA POWER AND LIGHTING CO
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 60 million
    EUR 180 million
    Location
    Sector(s)
    Description
    Objectives

    The project comprises a programme of electrification schemes targeting the connection of customers to the distribution network in 32 of Kenya's 47 counties.

    The project will enable the country to significantly increase the number of customers (households and industries) that will have access to affordable electricity. The project's economic benefits include increased number of connections, increased access to reliable electricity for households and businesses, improved economic development in Kenyan rural areas and reduction of disparities between rural and urban areas.

    Environmental aspects
    Procurement

    If located inside the EU, the project would fall under Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU, requiring a screening decision by the competent authority. Given the nature and characteristics of the activities no EIA is required for the project. The promoter has however developed an environmental and social management framework (ESMF) to be applied to the programme, which has been approved by the National Environment Management Authority. The Bank will assess the environmental and social aspects of the project as part of its appraisal process.

    The Bank will require the promoter to ensure that implementation of the project is done in accordance with the Bank's Guide to Procurement.

    Comments

    The Government of Kenya, in its Vision 2030 development programme launched in 2008, has identified energy as being one of the key enablers to attain 10% GDP growth target. The project will contribute to several sustainable development goals (SDGs), notably poverty reduction (SDG 1), inclusive economic growth (SDG 8) and improving access to affordable, reliable, sustainable and modern energy services (SDG 7). The project also supports the first objective of the Sustainable Energy for All (SE4ALL) initiative which is to ensure universal access to modern energy services by 2030.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - KENYA POWER DISTRIBUTION LAST MILE CONNECTIVITY
    Publication Date
    13 Sep 2016
    Document language
    Main Topic
    Lending
    Document Number
    68947019
    Document Focus
    Environmental Information
    Project Number
    20150640
    Sector(s)
    Countries
    Publicly available
    Download now

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    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
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