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Centum gets insurance cover for geothermal power project
A geothermal well in Menengai, Nakuru County. PHOTO | FILE
Centum Investment geothermal power plant has secured a risk cover from Munich Re, paving the way for funding of the well drilling.
The giant German reinsurer said the risk cover is meant to compensate investors in the Akiira One project in case the eight geothermal wells being drilled in the Olkaria, Nakuru County, do not produce enough power.
