The 100 MW Kipeto wind farm has officially achieved commercial operations date as of Monday, July 5th. Majority-owned by Actis (88%) via BTE Renewables, Kipeto Energy is Kenya’s second largest wind energy facility after the Lake Turkana one.
Kipeto Energy was originally conceived by Kenyan company Craftskills Wind Energy International (CWEIL) with support from General Electric. The $320m project received a boost with the entry of African Infrastructure Investment Managers (AIIM) and IFC InfraVentures in the 2010s. Both entities co-developed the project with Craftskills from 2014 until early 2018, executing a 20-year power purchase agreement (PPA) with Kenya Power and Lighting in 2016. Financial close was successfully achieved with the exit of AIIM and IFC InfraVentures in 2018, whose interests in Kipeto Energy were acquired by Actis. The project is now owned and operated by BTE Renewables (88%), majority-owned by Actis with the rest of the equity in Kipeto Energy Plc still held by CWEIL (12%).
Details on the Kipeto Wind Farm are available in the “Projects” section within your Hawilti+ research terminal.