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History

In 2006 and the years thereafter, LTWP Ltd. started to investigate the wind resource at Lake Turkana. The first of in total ten wind measurement masts was installed and DEWI (Germany) was appointed to carry out wind assessment studies. As the first promising results from the wind measurements came in, the decision was taken to carry out a full feasibility study on the project and to start negotiations with KPLC. These negotiations culminated in the first wind power purchase agreement (PPA) in Sub-Saharan Africa in December 2009.

After 8 years of development, the project reached Financial Close in December 2014. Financiers involved in the financing of the project include African Development Bank, NedBank, Standard Bank, European Investment Bank, Entrepreneurial development bank (FMO), German development and investment company (DEG), Proparco, Interact Climate Change Facility (ICCF) and Triodos Bank.