OUR HERITAGE

50 MW Wind & Storage Project

Secured US$1.3MM Grant Funding and Advised on Meridiam-Backed Wind Power Project in Kenya

Delphos Financial Advisor 50 MW Wind & Storage Project

Delphos is acting as the prime contractor on a U.S. Trade and Development Agency (“USTDA”) funded feasibility study for an Meridiam-backed 50 MW wind power project with integrated battery storage in Kenya, a pioneering project in the country. In addition to a wind resource assessment and plant design, the study will explore a battery energy storage solution that will enhance the capacity of the power plant and stabilize the intermittency of wind power to the grid.

Kenya, Energy and Natural Resources, Wind, Africa, Capital Raising, 2019, SDG

Sector

Energy and Natural Resources

Amount Raised

US$1,254,304

Deal Type

Capital Raising

Unique Challenge

More power delivered more reliably to Kenyan consumers at a competitive cost

Sub-sector

Wind

Year

2019

Type of Financing

Grant

Deal Impact in Numbers

Feasibility study for the Siruai Wind Power Plant, a 50 MW wind and integrated battery energy storage system

Lender

USTDA

SDGs

SDG 7 Ensure access to affordable, reliable, sustainable and modern energy for all

Borrower

Kenya Craftskills Energy International Limited

Deal Impact in Lives

Provide greater grid reliability, control of voltage, modification of load profiles, and usage of renewable energy for Kenyan customers

Location

Kenya

Kenya 50 MW Wind & Storage Project Financial Advisory Delphos