Brief
Kenya : First Commercial Financing for Power Plants Made Possible through a Series of IDA Guarantees
WASTE POWER SECTORS POWER PLANTS ELECTRICITY SECTOR FOSSIL FUELS HEATING FUELS CARBON INCOME ACTIVITIES ACCESS TO MODERN ENERGY GENERATION INTERNATIONAL ENERGY AGENCY CLEAN ENERGY TRADITIONAL BIOMASS EMISSIONS INCENTIVES POWER SUPPLY GAS PE ENERGY CONSUMERS SOURCE OF ELECTRICITY DISTRIBUTION OF ENERGY BIOMASS GENERATION CAPACITY ENERGY PAYMENTS CO2 PETROLEUM OIL EMISSION FACTOR POWER GENERATION ENERGY MIX SUSTAINABLE ENERGY FOREST RESIDUES CO2 EMISSIONS GEOTHERMAL PLANT CAPACITY KILOWATT HOUR ENERGY INTENSITY ELECTRIFICATION OPTIONS SOLID FUELS ENERGY RESOURCES PRIMARY ENERGY CONSUMPTION ENERGY SERVICES RENEWABLE ENERGY RESOURCES CONVENTION ON CLIMATE CHANGE ELECTRICITY SUPPLY ENERGY SECTOR GAS EMISSIONS PELLETS GROSS DOMESTIC PRODUCT FUELS FUEL COSTS POWER PRODUCERS CFC ENERGY CONSUMPTION EMISSION GREENHOUSE POWER GENERATION CAPACITY LEAD HEAT CLIMATE CHANGE BALANCE SOURCE OF ENERGY BLACK CARBON ENERGY REGULATORY COMMISSION ENERGY CHARGES POWER ELECTRICITY CLIMATE HYDROPOWER WORLD ENERGY FOREST PETROLEUM GAS ELECTRICITY TARIFFS REMEDIAL ACTIONS ENVIRONMENT PRIMARY ENERGY ENERGY EFFICIENCY ENERGY DEMAND POWER PRODUCER COMBUSTION INVESTMENT GASEOUS FUELS COAL TARIFF DIESEL FUEL FUEL GLOBAL ENERGY MIX LESS BOTTOM LINE INVESTMENTS METHANE BRIQUETTES HOUSEHOLD ENERGY ENERGY INDUSTRIES LIQUEFIED PETROLEUM GAS RENEWABLE ENERGY ENERGY ACCESS DIESEL POWER OUTAGES FRAMEWORK CONVENTION ON CLIMATE CHANGE HEAT GENERATION PIPELINE FOSSIL HEATING BENEFITS POWER PLANT ENERGY
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World Bank, Washington, DC
Africa | Kenya
2015-07-07T18:45:29Z | 2015-07-07T18:45:29Z | 2015-06
The $623 million financing included the first long-term commercial loans for private power plants in Kenya and marked the first time IDA guarantees were issued in support of local investors. The guarantees minimized the government’s contingent liabilities by limiting its exposure to two to three months of payments and guarantees. They also helped to ensure consistency and predictability in government support for Kenya’s Independent Power Producer Program. Most important, they made possible the construction of 298 MW of critically needed generation capacity.
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