Centum has a clear vision to be East Africa’s leading Independent Power Producer (IPP). Consequently, over the recent past, we have positioned ourselves as a leading developer and sponsor of Power Assets in the East African region, having locked in a development pipeline of approximately 1,200MW which includes:
Greenfield Coal Power Plant – Amu Power Limited
Amu Power Limited is a Centum Investment-Gulf Energy consortium whose vision is to anchor long term national economic growth and aspirations by provision of reliable, safe and affordable power.
The consortium on 1st September 2014 was awarded a tender by Kenyan Government for the development of a 1,050MW coal fired power plant, located in Lamu County.
The plant will be the lowest cost producing IPP and will therefore form an integral part of the country’s base load power generating capacity and is estimated to cost approximately USD 1.9 Billion.
This project will be the largest private sector funded infrastructure development in the East Africa region and the largest coal power plant development in East and Central Africa. Once complete, the plant will be the single largest IPP in Kenya and will account for 32% of Kenya’s generating capacity measured by today’s current installed grid capacity.
Greenfield Geothermal Development - Akiira Geothermal Limited
Akiira Geothermal Limited is the first private sector greenfield geothermal development in Sub-Saharan Africa. It is located 70 km northwest of Nairobi, in the eastern branch of the East African Rift System, south of Lake Naivasha and about 2.5 km south of the nearest producing wells.
The Akiira block with a potential of over 140 MW will be developed in phases beginning with 70 MW for phase I, drilling is set to beginning in Q2 of 2015.
Akiira’s geothermal prospect covers an area of 120 km² and is adjacent to the well-developed and proven Olkaria-Domes volcanic complex and high temperature geothermal field that is underlain by a large highly differentiated magma chamber which provides the heat source for the geothermal system.