Monday
January 26
2026

African Development Bank Approves $16.5 Million Loan to Boost Kenya’s Clean Energy Transition

The Board of Directors of the African Development Bank Group has approved a loan of $16.5 million to support the development of the 35 MW OrPower Twenty-Two (OTTL) Geothermal Power Plant last November, a flagship renewable energy project that will increase Kenya’s baseload generation and accelerate its clean energy transition.

Photo courtesy of andreas160578.

Source: African Development Bank Group (link opens in a new window)

Categories
Energy, Environment
Tags
development finance, lending, renewable energy, sustainable finance