Renewables & Power Experience

Delphos served as a financial advisor to Ormat International, Inc, who was awarded a “build, own, and operate” contract to develop a 48 MW geothermal power project in the Kenyan East Rift Valley, as a part of the government of Kenya’s efforts to increase the country’s electricity generating capabilities. Delphos arranged political risk insurance for Ormat’s equity investment through the Multilateral Investment Guarantee Agency (“MIGA”) and insurance for the project’s commercial lenders.