Kenya Power Settles a $22.7 Million Debt with US Firm

Kenya Power, the state-owned utility, has cleared a $22.7 million power purchase bill with Ormat Technologies, a US geothermal energy tech startup, to allay worries of a default, which would have seen Ormat Technologies bill Kenya National Treasury. What The Kenya Power Debt Represents The money is part of a KSh2.92-billion ($25.52-million) overdue debt owed … Continue reading Kenya Power Settles a $22.7 Million Debt with US Firm