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- Operations
- Expansion of Electricity Distribution Network
Expansion of Electricity Distribution Network
Kenya
| Borrower | Kenya Power & Lighting Company (KPLC) |
| Financing Type | Private Sector & Trade Finance |
| Instrument | Private Sector Debt |
| Focus Area | Energy |
| Approved | 23.09.2014 |
| Signed | 19.02.2015 |
| Status | Completed |
| Loan Administrator | RMB |
| Co-financiers | Frontier Markets, RMB, Sanlam Capital Mrkts, Allan Gray, EADB, Ashburton, Bank of China, Others |
| OPEC Fund Contribution (US$m) | 15.00 |
This transaction helped finance the company’s transmission and distribution capital. Kenya Power is responsible for ensuring adequate line capacity to maintain supply and quality of electricity across the country. Kenya Power manages an interconnected network of transmission and distribution lines that covers about 48,860km and operates the national grid.