Kenya: Company to start building Sh12.9bn wind farm

Wind turbines. Aeolus is set to build a Sh12.9 billion wind farm in Nyandarua from May.

Aeolus Kenya, part of the European renewable energy group, is planning to put up a 60.8 megawatt wind farm in Kinangop, Nyandarua County, after the financing is finalised within the next 30 days.


Transaction advisers CFC Stanbic Bank have said that they are finalising arrangement where $100 million (Sh8.6 billion) will be in the form of a loan extended by Standard Bank, CFC Stanbic