Kenya's KenGen plans to raise $5.5 bln by 2018 to double capacity

Kenya's main electricity producer, KenGen, plans to raise $5.5 billion in debt and equity between now and 2018 to finance plans to more than double generating capacity. The country's average daily electricity demand stands at about 1,700 megawatts (MW), against supply of 1,600 MW mainly from rain-fed hydroelectric generators, but is working to increase its geothermal power generation. Simon ...

Source: http://news.yahoo.com/kenyas-kengen-plans-raise-5-5-bln-2018-112047140--finance.html

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