Geothermal news briefs from Africa: Kenya

Geo news briefs from Africa.


*Kenya: Longonot Geothermal Gets 8.4 Million Grant

On November 27, the Africa Geothermal International Ltd (AGIL) Kenya signed a Sh730 million (USD 8.4 million) grant with the African Union Commission (AUC) toward exploration at the geothermal resource Longonot, targeting over 140 MW and 1,000 jobs. The total drilling cost is estimated to be about Sh3.1 billion (USD 36 million). “We have also received requests from other investors who want to come on board. We will consider this after we complete the digging of the four wells next year as part of the possible equity we will need in running the company,” Chris Maranga, Kenya country representative for AGIL told press. Utilities in Japan and China are among the parties interested in strategic investment in geothermal.

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