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Europe Daily Bulletin No. 8964

9 June 2005
Contents Publication in full By article 23 / 35
GENERAL NEWS / (eu) eu/eib
EUR 32.5 million loan to generating company in Kenya

Brussels, 08/06/2005 (Agence Europe) - The European Investment Bank (EIB) is granting a loan of EUR 32.5 million to KenGen (Keya Electricity Generating Company Ltd), in the aim of supporting the project for extension of the geothermal plan Olkaria II in the Rift Valley in Kenya, with the help of Investment Facility resources. The project comes within the Kenyan energy recovery programme stet up with the support of the World Bank and intended to strengthen long-term efficiency and viability...

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