Nairobi - signing of a 20-year Power Purchase Agreement
31 January 2020
Nairobi, On 31 January 2020 - Bahari Wind Limited and Kenya Power and Lighting Company have signed a 20-year Power Purchase Agreement (PPA) for a 90 MW wind energy project in Mpeketoni, Lamu county, developed by Belgian wind energy company Elicio. The project will be the country’s third biggest after the Lake Turkana and Kipeto wind projects. The PPA states that Bahari Wind will construct, own, operate and maintain the $180 million wind energy project. The generated electricity will be supplied for a 20-year period. The PPA provides Bahari Wind the offtake certainty that is needed to advance the project and provides Kenya Power with an important addition to their distribution source in the coastal region for their midterm generation plan. The next steps for Bahari Wind will be to finalise the development and then to secure the funding needed to construct the project. Construction of the 22-turbine project is envisaged to start in 2022. Bahari Wind is owned by Kenyan developer Kenwind and Elicio NV from Belgium.