Over the past seven decades, ALN Kenya’s expertise across the Projects and Infrastructure industry has empowered clients to navigate complex legal landscapes with confidence. Their unwavering commitment to excellence has not only earned them the trust of their clients but also continues to have a lasting impact on the economy.
Lake Turkana Wind Project Powering Kenya’s Growth
In the development of this project, ALN Kenya acted for the sponsors of the 300MW Turkana wind power project, the largest power generation project in Kenya, including structuring, negotiating and drafting the equity financing agreements, guarantees by the Government of Kenya and the ADF, advising on the debt financing with nine funders, reviewing and negotiating various engineering, procurement and supply agreements, advising on the financing of a 400 km power transmission line as well as on land acquisitions and all regulatory matters relating to the project.
Lake Turkana Wind Power project is the single largest private investment in Kenya’s history and the biggest wind farm in Africa. The wind project plays a critical part in assisting Kenya in meeting its goal of increasing electricity access and reliability as well as its industrialisation and climate policy goals. The project supplies approximately 17% of Kenya’s energy supply. Besides powering up Kenya’s energy landscape, LTWP has been dedicated to ensuring that the local communities benefit from the Project by supporting schools and health facilities and enhancing security in the region.
Completed in 2014, the deal was worth USD 680 million. For its work on the project, ALN Kenya was awarded “African Renewable Deal of the Year 2014” by both Project Finance International (PFI Yearbook Awards) and the IJ Global Europe & Africa Awards, as well as the Africa Investor Infrastructure Investment Awards’ Power Deal of the year in 2015 by Africa Investor.
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