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Thursday, November 6, 2014

Kenya:

Civicon Inks Menengai Geothermal Project Deal (Kenya Broadcasting Corporation)

Transcentury Group CEO Gachao Kiuna [center] flanked
by GDC boss Dr Silas Simiyu [left] during a signing ceremony.
Mombasa based engineering and construction services provider Civicon, has announced the signing of a 25 year Power Purchase Agreement with Kenya Power for its 35 MW Menengai Geothermal power project near Nakuru for a publicly unspecified value.

The deal signed in association with Civicon’s project partners Ormat Technologies and Symbion Power will now facilitate the power purchase pact for the consortium’s OrPower Twenty-Two project.

Civicon is a subsidiary firm of Transcentury Limited, an infrastructure company listed on the Nairobi Securities Exchange.

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