Globeleq selects Toyota Tsusho Corporation represented by CFAO Kenya as EPC Contractor for Mengai Geothermal Power Plant

Toyota Tsusho Corporation (TTC) represented by CFAO Kenya has been selected by Globeleq as the engineering, procurement, and construction (EPC) contractor for the Menengai geothermal power plant, which has a capacity of 35 MW. Globeleq, which holds a majority stake in Quantum Power East Africa, one of the three developers of the Menengai site, has signed an EPC contract and a long-term service agreement with TTC. Globeleq recently secured a USD 72 million debt funding agreement with the African Development Bank, the Eastern and Southern African Trade and Development Bank, and Finnfund for the project. Once financial close is reached, construction of the USD 108 million project is expected to begin in Q1 2023. The steam turbine and generator will be supplied by Fuji Electric. Menengai is part of the first phase of the larger Menengai complex, which is Kenya’s second large-scale geothermal field after Olkaria, and is expected to begin commercial operations in 2025.

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