Electricity generator KenGen has kicked off the search for a transaction adviser to secure funding for the construction of a Sh34.8 billion geothermal plant at Olkaria.
The consultant will assist the electricity generating firm to identify, procure and select a private investor for the 140 megawatt (MW) Olkaria 6 geothermal project, which it plans to begin constructing in the first quarter of next year.
KenGen is also mulling selling a part of the company to a strategic investor in order to raise Sh145 billion of this amount.http://www.businessdaily...90/-/wr0awv/-/index.html"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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