UK-based renewable power company Globeleq has reached financial closure for its $117 million (Sh18.34 billion) geothermal plant in Menengai, paving the way for start of the construction in the coming weeks.
The firm disclosed the financial break-through on Thursday, ending delays that had seen the company miss its target of starting the construction of the 35-Megawatt plant in the second half of 2023.
