European bank to back Kenyan Akiira Geothermal Project

The European Investment Bank (EIB) has indicated that it’s preparing a €155 million ($192 million) loan package for the 70MW Akiira Geothermal Project in Naivasha, in Nakuru County, Kenya. The project includes a consortium of investors from Kenya, the US and Denmark. EIB East Africa head, Catherine Collin, spoke to the Business Daily Africa on the sidelines of an energy …