UK solar firm secures Sh3.2bn for expansion

Kenya’s total installed power capacity increased only slightly to 2,339.9MW in 2017 from 2,327MW in 2016. FILE PHOTO | NMG

British renewable energy firm BBOXX has secured $31 million (about Sh3.15 billion) investment from the Africa Infrastructure Investment Managers (AIIM) fund for Kenyan expansion.

The firm said it will also use the cash to roll out its solar platform, which incorporates photovoltaics, battery systems, real-time analytics and the option of mobile phone utility payments in Rwanda and the Democratic Republic of Congo (DRC).

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