RADIANT AND ELDOSOL SOLAR PV POWER PLANTS

Projektträger – zwischengeschaltetes Finanzinstitut

PRIVATE ENTITY(IES)

Ort

• Kenia

Beschreibung

Construction of two 40MW net output solar photovoltaic (PV) power plants near Eldoret, Western Kenya. The projects are being developed as independent power producers (IPPs) under the feed-in tariff regime in Kenya. The two projects will have shared facilities and services and will supply electricity to the national grid.

Ziele

The proposed operation is in line with the strategic objectives set for the Bank's external mandates in general (environmental sustainability, climate change mitigation), the Cotonou Agreement - in particular Article 21 concerning investment - and private sector development. The operation will also contribute to the Bank's priority energy lending objectives related to renewable energy. In addition, the 11th EDF National Indicative Programme for Kenya (2014-2020) includes a focus on sustainable infrastructure. The projects are also fully in line with the country's objectives as Kenya's second medium-term plan (2013-2017), aiming to implement Kenya's Vision 2030, explicitly targets increasing the share of power generated from green sources.

Sektor(en)

• Energie - Energieversorgung

Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)

USD 53 million (EUR 48 million)

Gesamtkosten (voraussichtlicher Betrag)

USD 148 million (EUR 134 million)

Umweltaspekte

Environmental and social impact assessments (ESIAs) have been prepared for the two PV plants and have been submitted to the competent authority NEMA (National Environmental Management Authority) for approval. Compliance with the environmental and social standards of the EIB including, amongst others, the principles of relevant EU directives will be verified during appraisal.

Auftragsvergabe

The Bank will require the promoters to ensure that project implementation will carried out in accordance with the Bank's Guide to Procurement.

Projektstatus

Unterzeichnet - 14/09/2018