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Kenya Power’s deal that forced World Bank out of wind farm

World Bank Group country director in Kenya, Mr Johannes Zutt. The World Bank says its decision to withdraw guarantees it had agreed to offer the mega project is partly informed by the power purchase agreement that commits consumers to paying billions of shillings for electricity not used — effectively beating the project’s primary purpose of reducing the cost of power in Kenya. Photo/FILE

Electricity distributor Kenya Power signed an onerous power purchase agreement with a Turkana-based power producer forcing the World Bank to withdraw its backing for the project.

Also see: World Bank move signals trouble for energy security

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