UK firm to acquire 31pc stake in Lake Turkana Wind Power

Wind turbines at the Lake Turkana Wind Power project. PHOTO | AFP

A United Kingdom firm is set to acquire a 31.25 percent stake in Lake Turkana Wind Power (LTWP) Limited, which built the €630 million (Sh87.6 billion) wind farm through debt and equity.

LTWP says it will, in the next 15 days, make a formal application to the Energy and Petroleum Regulatory Authority (Epra) to be allowed to sell the stake to CFP UK Holdings Limited, a company incorporated in England and Wales.

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