| Financier | Commitments |
|---|---|
| IDA Guarantee | 180.00 |
KenGen Guarantee Project
Abstract*
The development objective of KenGen Guarantee Project for Kenya is to enhance KenGen’s ability to attract long-term private capital for the sustainable development of renewable energy. This project is an application of the World Bank Group’s Maximizing Finance for Development (MFD) approach. It is classified as both an MFD-implementing and MFD-enabling project as it will use scarce International Development Association (IDA) resources to mobilize... Show More
Development Objective
The proposed project development objective is to enhance KenGen's ability to att ract long-term private capital for the sustainable development of renewable ener gy.
Key Details
Project Details
P162422
Closed
Zubair Sadeque , Prajakta Chitre
N/A
January 18, 2018
(as of board presentation)
April 26, 2018
N/A
US$ 300.00 million
N/A
2018
US$ 0.00 million
N/A
December 19, 2024
March 28, 2022
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | N/A |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 300.00 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Mar 28, 2022 | IDA-G2560 | Loan Cancel | 180,000,000.00 |
| Apr 26, 2018 | IDA-G2560 | Loan Commitment | 180,000,000.00 |
Results Framework
No data available.