Electrawinds and IFC InfraVentures have signed a cooperation agreement for the development of a wind project in Mpeketoni (Lamu County), Kenya. The planned wind farm is to have an installed capacity of 90MW and is located in the south-east of Kenya.
Investment costs are estimated at € 180 million. Electrawinds has developed the Mpeketoni wind farm since 2011 and considers IFC InfraVentures to be a key partner to further develop, finance and, eventually, operate the future wind farm. Now that a joint commitment has been made, a joint development team has been set up to further develop the project. Project execution is planned to start in 2014. Electrawinds and IFC will share the project development efforts. Depending on which turbines will be selected, the wind farm in Mpeketoni will consist of between 36 and 45 turbines.
