The African Development Bank and the Climate Investment Funds support their first private sector-led geothermal power plant in Kenya

The African Development Bank approved on June 6, 2018 a senior loan of US $29.5 million and a concessional loan of US $20 million from the Climate Investment Funds (CIF) Clean Technology Fund (CTF) to Quantum Power East Africa GT Menengai Ltd. The funding will support the development of a 35-MW geothermal power plant at…